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No Fed G-Sib buffer reform in 2025, say experts

Recalibration of method 2 seen as more likely than its abolition; banks resist daily averaging

Calendar changing from 2025 to 2026

US industry sources expect the Federal Reserve to consult on changes to the capital buffer for global systemically important banks (G-Sibs) alongside wider reforms in 2026, despite recent comments from the Fed’s vice-chair for supervision Michelle Bowman suggesting the two items might be treated separately.

At a conference in October, Bowman laid out a schedule consisting of a consultation on the

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