Banks are concerned about Fed plan to limit credit exposure

Chief financial officers from major banks met recently with Federal Reserve Governor Daniel Tarullo to discuss a central bank plan to restrict the banks' exposure to governments and individual companies. The banks said the plan would significantly reduce their credit commitments. Restrictions on single counterparties are mandated by the Dodd-Frank Act.

View Full Article in:

Financial Times (tiered subscription model) · Fox Business

Published in Briefs: