Big banks get a win as Fed proposes easing capital requirements

Federal regulators put forward three proposals Thursday that would reduce capital requirements for U.S. banks of all sizes and advance U.S. implementation of the Basel III international accord. The Federal Reserve, the Federal Deposit Insurance Corp., and Office of the Comptroller of the Currency developed the proposals. The Fed's Board of Governors approved them in a 6-1 vote. The public can submit comments until June 18. The first proposal would apply to the largest and most internationally active ban ...