Regional banks would be the biggest beneficiaries of the Federal Reserve’s new proposal to assess risk in a more targeted way. With smaller banks included, the capital savings would total an estimated $8 billion.
The new proposal, released on Wednesday, splits banks into four categories.
US global systemically important banks (G-Sibs) land in the first category; banks with more than $700 billion in assets, or more than $75 billion in cross-jurisdictional activity, are in the second. Northern