U.S. Weighs New Rules for Regional Banks, Complicating Merger Plans

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U.S. regulators are contemplating whether or not to require giant regional banks so as to add to the monetary cushions that defend them in occasions of disaster, a transfer that’s slowing down some pending financial institution mergers.

The Federal Reserve and the Workplace of the Comptroller of the Foreign money are discussing whether or not regional lenders ought to maintain extra long-term debt that may assist take up losses in a downturn, in keeping with folks acquainted with the matter. Among the many points into account, the folks mentioned, is how these necessities ought to apply to the bigger regional banks that at the moment are looking for to shut huge offers.  

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