The administration’s regulatory blueprint would undermine the calculation of the so-called leverage ratio, a key ingredient in determining large banks’ capital strength.
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
The Basel III capital requirements are making it hard for banks to stay in the servicing business, said David Motley, president of Colonial Savings. Their exodus from the market indirectly hurts consumers, he argued.
In reality, the Financial Choice Act has appeal for both those who want to unwind the Dodd-Frank Act and regulatory hawks who want to keep banks in check.
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
