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https://www.reuters.com/business/finance/bank-america-ceo-flags-effects-higher-capital-requirements-2023-07-27/
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Bank of America CEO flags effects of higher capital requirements - Reuters
7/27/23 at 6:59pm
Organization
Reuters
Authors
Jonathan Stempel
Tatiana Bautzer
Details
47 words
Summarize
Business & Industrial
Finance
Bank of America
Reuters
Brian Moynihan
Basel III
Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to avoid reducing the ability of U.S. banks to compete globally.
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