Reuters: The Federal Reserve plans to ease regulations on large banks, potentially raising the maximum asset threshold from $700 billion to $960 billion.
The Federal Reserve is preparing to raise the asset thresholds that trigger stricter bank regulations, Reuters reported. The highest threshold could increase from $700 billion to approximately $960 billion, while some requirements starting at $100 billion might be raised to nearly $150 billion. These adjustments would provide regional banks with greater room for growth while avoiding additional regulatory costs, potentially leading to a new wave of bank mergers and acquisitions.
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