The Business Times
SUBSCRIBERS

US banks say they are holding too much capital

With lower capital requirements, lenders could buy back more of their stock or increase dividends

Published Wed, Jun 14, 2017 · 09:50 PM
Share this article.

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 help of taxpayer bailouts. Now, some of the industry's key players say their financial cushions are getting too plump.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here