Obama will push for higher capital requirements for banks

02/18/2010 | Financial Times (tiered subscription model)

The Obama administration has met resistance in its effort to increase capital requirements for foreign and domestic banks, but officials are expected to renew the initiative. While officials expressed optimism that regulatory-revamp legislation will be passed by the Senate, some said the administration could bypass Congress and still achieve many of the changes.

View Full Article in:

Financial Times (tiered subscription model)

Published in Brief: