Wall Street banks set for 5% capital decline under new rules

Business

Wall Street Banks Set For 5% Capital Decline Under New Rules

By CNBC

Wall Street bank capital would fall 4.8% under softened capital rules unveiled by U.S. bank regulators on ​Thursday, freeing up billions in ​dollars for lending, dividends and ​share buybacks in a stunning victory for the industry which had faced dou ...Read more