At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”
Read More Exclusive: Fed may tweak rule that could save biggest US banks billions
Tag: financial stability
Yellen to warn of ‘significant risks’ from use of AI in finance
Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
Read More Yellen to warn of ‘significant risks’ from use of AI in finance
Premier League warned Independent Regulator could impose EFL deal
Premier League clubs have been warned to reach a new financial deal with EFL teams or have one imposed on them.
Read More Premier League warned Independent Regulator could impose EFL deal