[ad_1] Jonathan McKernanAmanda Andrade-Rhoades/Photographer: Amanda Andrade-Rho WASHINGTON — Jonathan McKernan, a member of the Federal Deposit Insurance coverage Corp. board, on Friday prompt the company scrutinize the rising affect of the “Giant 3” asset managers — Leading edge, BlackRock and State Side road — on publicly-traded banks. Within the remarks — dropped at a consultation […]
FDIC’s McKernan questions rationale at the back of Basel endgame requirements
[ad_1] Federal Deposit Insurance coverage Corp. member Jonathan McKernan laid out a number of misgivings about regulators’ proposals to overtake financial institution capital requirements as a part of the Basel III endgame proposal Wednesday, pronouncing their impact might be to push extra lending out of doors of the regulated banking trade.Amanda Andrade-Rhoades/Photographer: Amanda Andrade-Rho Federal […]