US Federal Reserve announces individual capital requirements for all large banks effective October 1
( July 27, 2023, 22:30 GMT | Official Statement) -- MLex Summary: The US Federal Reserve announced large bank capital requirements following the 2023 stress test results. These requirements include a minimum total common equity tier 1 (CET1) capital ratio requirement of 4.5 percent, a stress capital buffer (SCB) requirement of at least 2.5 percent, and a capital surcharge for global systemically important banks (G-SIBs) of at least 1 percent where applicable.See statement, document below. ...
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