Heurist Finance

The Federal Reserve proposed changes to give mutual banks greater flexibility to raise regulatory capital and reduce procedural burdens.

Bloomberg · 3 days ago
  • The Federal Reserve unveiled a proposal to expand mutual banks' flexibility in raising capital.
  • The proposal targets mostly depositor-owned mutual banks with less than $3 billion in assets.
  • The plan is subject to public comment and seeks to clarify regulatory-capital eligibility while reducing procedural burdens.

Quotes

“clarify which instruments count as regulatory capital and reduce procedural burdens.”— Federal Reserve

Sources