ReutersLargest US banks face $120 billion shortfall under new ruleReutersSix big U.S. banks need to raise an additional $120 billion, most likely in long-term debt, under a rule proposed on Friday by the Federal Reserve. The requirements are aimed at ensuring that some of the biggest and most interconnected banks, which ...U.S.

BING NEWS:
  • Banks seek injunction to stop CFPB's $5 overdraft rule
    Bank trade groups filed a motion for a preliminary injunction to stop the Consumer Financial Protection Bureau's $5 overdraft fee rule from going into effect late next year.
    12/19/2024 - 2:55 am | View Link
  • Overdraft fees could be capped at $5 under new federal rule
    Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau.
    12/12/2024 - 1:47 am | View Link
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