https://finance.yahoo.com/news/the-...-for-bank-capital-requirements-142309642.html
"The Fed backpedals and unveils a scaled-back proposal for bank capital requirements
The new proposal would increase capital levels for big banks like JPMorgan Chase (JPM) and Bank of America (BAC) by 9% in aggregate, down by half from the original plan from more than a year ago, which set the capital increase to around 19% for those institutions."
Good news right? Apparently not banks don't seem happy even at half the rate, something doesn't smells right? And why has the Fed backpedaled so completely? Couldn't be as we suspect something is wrong with the banks? Why am I getting that Deja vu feeling? Almost like we are seeing history repeat?:
P.S. No can't be stocks only go up right?
https://finance.yahoo.com/news/the-fed-backpedals-and-unveils-a-s...
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |