Why Is The Fed Hitting Community Banks With ‘Too Big To Fail’ Capital Standards?
- Monday, June 11, 2012, 20:35
- Market
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While the world clearly was expecting the Basel III Accords on bank capital to be adopted in the United States, the timing has certainly surprised many business leaders across industries. Equally surprising is the “one size fits all component” of the rules, which will apparently apply to all institutions ranging in size from $500 million to over $2 trillion. You heard that right, local community banks and “Too Big to Fail” institutions will share the same requirements as they relate to capital.
http://www.forbes.com/sites/franksorrentino/2012/06/11/why-is-the-fed-hitting-community-banks-with-too-big-to-fail-capital-standards/