Global Banking Regulators Impose Slightly More Capital Requirements on Large Banks

Basically banks will have to raise capital requirements to become “safer” by 2019.

“The additional loss absorbency requirements are to be met with progressive common equity tier 1 capital requirement ranging from 1 percent to 2.5 percent, depending on a bank’s systemic importance,” the group said in a statement.

An additional 1 percent surcharge would also be imposed if a bank becomes significantly bigger, pushing the total to 3.5 percent.”

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