Halfway by way of a rollercoaster 12 months for US banks, a senior govt at one of many nation’s largest will get a name from their supervisor. Why hasn’t the financial institution changed the previous capital regime for counterparty credit score danger with its new model, the supervisor asks. In any case, the financial institution has had a number of months to take action.
Regardless of the US Federal Reserve permitting banks to use the standardised strategy to counterparty credit score danger (SA-CCR) from March – 1 / 4 sooner than anticipated, as a part of a package deal of
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