Global regulators said they agreed that banks deemed too big too fail must hold as much as 2.5 percentage points in additional capital as part of efforts to prevent another financial crisis.
BusinessWeek.com — Finance
Bank of America Corp. and Citigroup Inc. were among banks that climbed in New York trading after CNBC said the biggest lenders are more likely to face a 2 to 2.5 percentage-point surcharge on capital requirements rather than 3 percentage points.
BusinessWeek.com — Finance
Global regulators may allow too-big- to-fail banks to use contingent convertible bonds to meet additional capital requirements designed to save them from collapse in a crisis.
BusinessWeek.com — Finance
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