2012-06-09cnbc.com

The 19 largest US banks are at least $50 billion short of meeting new capital requirements under the Basel III accords, according to rules proposed by the Federal Reserve... In line with the international agreement, the Fed proposed that banks' common equity relative to their risk-weighted assets should be 7 percent.

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Capital requirements for trading activities would be about three times higher, compared with Fed rules before the financial crisis, said Michael Gibson, the Fed's director of bank supervision.


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