US Bancorp unfazed by Fed’s new capital buffer

US Bancorp signalled that prudential regulators’ proposed new capital buffer would not crimp its capital planning for 2018.

The proposal would potentially elevate minimum capital requirements for in-scope banks, by scrapping the current fixed capital conservation buffer for one calibrated in line with each firm’s worst-case losses under the Federal Reserve’s annual stress tests.

Yet the bank said it would not alter its target capital distributions in light of the proposal, and would likely

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