FDIC might allow banks "breathing room" on capital requirement

12/4/2009 | Bloomberg

Citigroup, JPMorgan Chase and other banks might be given permission to phase in a requirement that they raise more capital, said Sheila Bair, chairwoman of the Federal Deposit Insurance Corp. "Giving some breathing room in terms of when they can transition in is acceptable to us," Bair said.

View Full Article in:


Published in Brief: