FED PLANS TO EASE OVERSIGHT FOR LARGE BANKS
THE FED IS PREPARING TO RAISE ASSET THRESHOLDS THAT TRIGGER TOUGHER BANK REGULATION, REUTERS REPORTS.
THE HIGHEST THRESHOLD COULD RISE FROM $700 BILLION TO AROUND $960 BILLION, WHILE SOME REQUIREMENTS STARTING AT $100 BILLION COULD SHIFT CLOSER TO $150 BILLION.
THE CHANGES WOULD GIVE REGIONAL BANKS MORE ROOM TO GROW WITHOUT ADDITIONAL REGULATORY COSTS AND COULD UNLOCK A NEW WAVE OF BANK M&A. ...
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