Regulators act to require stronger bank capital

Published April 8, 2014 9:40pm ET



WASHINGTON (AP) — Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown.

The eight biggest banks will have to meet stricter measures for holding capital — money that provides a cushion against unexpected losses — under a rule that regulators adopted Tuesday.

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