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US banks could face 20% boost to capital requirements – WSJ
© Reuters. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao/File Photo
(Reuters) – U.S. regulators are preparing to force large banks to shore up their financial footing, the Wall Street Journal reported on Monday, to help boost the resilience of the system after a spate of midsize bank failures this year.
The changes, which regulators are on track to propose as early as this month, could raise overall capital requirements by roughly 20% at larger banks on average, the report said, citing people familiar with the matter.
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