Capital Requirements - Nigeria's central bank indicates approximately 33% of lenders have satisfied the new capital requirements [1] - The deadline for meeting the new capital requirements is in March [1]

Regulatory Landscape - Wall Street lenders are lobbying the Fed's new vice chair for supervision regarding capital requirements [1] - The industry is asking the Fed to avoid stricter capital requirements [1] Industry Focus - Wall Street lenders and their lobbyists are attending the Fed's banking conference [1]

Capital Requirement Adjustment - The Fed proposed easing capital requirements for the largest banks in the US [1] - The proposal aims to address banks' concerns about intervening in treasury markets during stress or taking additional deposits during crises [3] - Dissenters argue the proposal weakens the banking system by reducing capital buffers [3] Financial Impact - The proposal reduces Tier 1 capital requirements by 140 basis points (1.4%) for the biggest banks [1] - It is estimated to release approximately $13 billion in capital [2] - Depository institution subsidiaries' capital requirement would decline by $210 billion in aggregate [2] Regulatory Context - The proposal involves the Supplementary Leverage Ratio (SLR), where capital is the numerator and total assets (including risk-free assets) are the denominator [2] - The change is not a unanimous decision within the Fed [4]

Capital Requirement Changes - The Fed is announcing a proposal to ease capital requirements for the biggest banks [2] - The proposal would reduce tier one capital requirements by 1.4% for the biggest banks [2] - This reduction is expected to release approximately 13 billion USD in capital [3] - Capital requirement would decline in aggregate by 210 billion USD at their depositories institution subsidiaries [3] Supplementary Leverage Ratio (SLR) - The SLR, or supplementary leverage requirement, involves a ratio where the numerator is capital requirement and the denominator includes all assets, including risk-free assets like treasuries [3] - Banks have argued that the SLR restricts their ability to intervene in treasury markets during stress or take additional deposits during crises [4] Dissent and Potential Risks - Some Fed members, like Michael Barr, argue that the proposal weakens the banking system by releasing capital requirements and reducing buffers during times of stress [4] - The decision to ease capital requirements was not unanimous within the Fed [5]