What Is the Basel III Endgame, and Why Are Banks So Upset About It?

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

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An unlikely coalition of banks, community groups and racial justice advocates is urging federal regulators to rethink the plan they proposed in July to update rules governing how U.S. banks protect themselves against potential losses. Regulators are calling for an increase in the amount of capital…

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