Fed approves stricter bank capital requirements

``The new standards, part of the so-called "Basel III accord" (named after the city in Switzerland where many of the negotiations on the accord were first held), double the minimum ratio for capital at commercial banks... Most banks are already in compliance with the rule, according to the Fed, though it estimates about 100 banks will need to raise roughly $4.5 billion in capital by 2019.''

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Fed estimates about 100 banks will need to raise $4.5B in capital by 2019

Regulations will be softer on community and regional banks