Regions Financial says that it is planning for an increase in regulatory capital requirements and would be able to manage new regulations for risk-weighted assets, but it also said that raising the capital threshold is unnecessary.
David Turner, chief financial officer of the $156 billion-asset bank, told analysts Friday during the company’s second-quarter earnings presentation that Regions was expecting effective minimum capital standards to rise, and is preparing for a 6% risk-weighted asset requirement for banks over $100 billion of assets.
Read More : Regions Financial Confident in Managing Potential Capital Increase