Wall Street banks set for 5% capital decline under new rules - CNBC

Corroborated by 5 sources from 5 publishers

usgeneral2d ago

TL;DR

Reports differ across sources; according to theguardian.com, uS federal regulators are trying to soften bank requirements, loosening the amount of capital US banks must have, in what would be some of the biggest changes to bank restrictions since the 2008 financial crisis and a huge win for financial institutions.

Sources