Federal regulators on Tuesday announced a proposal for a new rule meant to ensure that big banks wouldn’t face a panic, a requirement that banks hold enough safe and liquid assets to meet a year’s worth of required payments.
The rule, the net stable funding rule, is the latest of a number of post-financial crisis rules forcing banks to maintain higher capital levels and greater liquidity.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.