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Bank regulators to vote on new liquidity rules

Sep. 03, 2014 2:39 AM ETJPMorgan Chase & Co. (JPM) StockBAC, JPM, GS, C, MS, WFC, BK, ZION, STTBy: Yoel Minkoff, SA News Editor11 Comments
  • Bank regulators are expected to finalize rules today that would require banks to hold capital against every asset on their books, and approve of a "liquidity-coverage ratio", which would require large banks to load up on ultra-safe assets to fund their operations for 30 days.
  • The new rules have Wall Street concerned due to the likely harm to earnings and lending restrictions, although regulators say the policies will create a safer financial system.
  • Related tickers: JPM, C, BAC, WFC, GS, MS, BK, STT, ZION

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