off-the-wire

U.S. Fed to consider tougher rules for midsize banks after SVB, Signature failures -WSJ

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 14 (Reuters) - The failures of Silicon Valley Bank and Signature Bank has led the U.S. Federal Reserve to reconsider a number of its own rules related to midsize banks, the Wall Street Journal reported on Tuesday.


The Fed may potentially extend restrictions that currently only apply to the biggest Wall Street firms, the report said, adding firms with between $100 billion to $250 billion in assets could be targeted.


(Reporting by Yana Gaur in Bengaluru Editing by Chris Reese)

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