‘Stringent’ rules to target eight biggest U.S. banks, The Washington Examiner

One criticism of the loss-absorbing capacity requirement is sure to be that it is measured as a percent of risk-weighted assets, which are determined in an opaque manner and can be gamed by banks, Rodriguez Valladares said. Nevertheless, she added, this week’s announcement is “a strong signal of agreement in a day and age when it’s so hard for anyone to agree on anything.”

X