Fed proposal prompts European banks to rethink U.S. assets

02/11/2013 | International Financing Review (free content)

European banks are looking to reduce assets held in the U.S. to avoid the Federal Reserve's proposed rules for capitalization. The Fed wants foreign banks with more than $10 billion in U.S. assets to put U.S. subsidiaries into a holding company, then capitalize it at the same level as domestic banks.

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International Financing Review (free content)

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