Fed Pledges Action On Capital, Liquidity Standards

Law360, Washington (November 4, 2011, 4:46 PM EDT) -- The Federal Reserve Board will soon be taking steps to reform and strengthen capital and liquidity standards for banks, including improving capital and liquidity ratios to accord with international standards, Fed Governor Daniel K. Tarullo said Friday.

The Fed will require bank holding companies that are subject to its proposed capital plan rule — generally companies with $50 billion or more in assets — to take affirmative steps to improve capital ratios, such as external capital raises, when those steps would be needed to meet each of the...
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