Fed Sets Limits On Biggest Banks' Loans To Each Other

WASHINGTON (AP) — The Federal Reserve has set limits aimed at addressing one of the leading causes of the 2008 financial crisis — the buildup of loans extended by one bank to another among the biggest Wall Street institutions. The Fed unveiled a new rule Thursday that caps a big bank's credit exposure to another bank.Read more on NewsOK.com

Topics:  washington ap     the federal reserve   wall street   newsok   the fed   limits   biggest   loans   bank   

 

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