Fed's Dudley suggests higher capital requirements for SIFIs

05/23/2013 | Reuters

William Dudley, president of the Federal Reserve Bank of New York, suggested that systemically important financial institutions could see higher capitalization requirements than the 2.5% added cushion that Basel III requires of the largest firms. "One could make the case that an even higher SIFI surcharge may be appropriate," Dudley said.

View Full Article in:

Reuters

Published in Briefs: