You are here

US banks say they are holding too much capital

With lower capital requirements, lenders could buy back more of their stock or increase dividends
Thursday, June 15, 2017 - 05:50

BT_20170615_CPMONEY15_2935687.jpg
"We think it's clear that banks can use more of their capital to finance the economy," said Mr Dimon.

Washington

AMERICA'S biggest banks have a common gripe: They have too much money.

Since the 2008 financial crisis, regulators have forced Wall Street to set aside larger financial reserves, enough capital for banks to survive losses they may suffer in an emergency - without the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom