U.S. Chamber: Letter to the Federal Reserve

Open book with pen in it.

“Increasing capital requirements at this moment could put downward pressure on the economy, or make a widely anticipated recession worse if it were to occur. Small businesses don’t need the added challenge of constrained availability of affordable financing, especially at a moment when interest rates are high.”

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PwC: Basel III Endgame, The next generation of capital requirements (WEBCAST)

PwC’s Webcast of discussion regarding Basel III Finalization.

Report shows:
1) capital and resiliency at the largest U.S. banks is strong,
2) the level of capital maintained by the largest U.S. banks is in line with academic findings on the optimal level of bank capital,
3) increasing capital requirements on this group of banks will impose a direct cost on the economy, and
4) raising bank capital requirements will hasten the migration of activity from the banking sector to the less regulated non-bank sector and impair financial stability.

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PwC: Basel III Endgame, The next generation of capital requirements (REPORT)

Report shows:
1) capital and resiliency at the largest U.S. banks is strong,
2) the level of capital maintained by the largest U.S. banks is in line with academic findings on the optimal level of bank capital,
3) increasing capital requirements on this group of banks will impose a direct cost on the economy, and
4) raising bank capital requirements will hasten the migration of activity from the banking sector to the less regulated non-bank sector and impair financial stability.

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