The Federal Reserve Board on Monday approved a final rule requiring the largest, most systemically important U.S. bank holding companies to further strengthen their capital positions. This is a move in the right direction. See here the FED press release. See here the underlying pdf. See here the document on calibrating the GSIB Surcharge.
Buy one get one free: The European Banking Authority (EBA) published today a tentative sample of banks taking part in the 2015 transparency exercise, together with the draft templates illustrating the type of data that will be disclosed. In addition, following the approval by its Board of Supervisors, the EBA released the key features and […]
Silvia Merler published a great post on the solvency of Greek banks. Though she focuses on CET1 ratios, I just realised that Article 92 of the CRR requires this: 1. Subject to Articles 93 and 94, institutions shall at all times satisfy the following own funds requirements: (a) a Common Equity Tier 1 capital ratio […]
At your service, here is the Eurogroup 4 pager with requirements in a pdf: eurogp4pager, and more neat here, via Kathimerini English. And, here is its pre-study, the German non-paper.