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🚀 U.S. Bank Faces Increased Capital Requirements After FSB Reassessment

According to ChainCatcher, the Financial Stability Board (FSB) has elevated the systemic importance of a major U.S. bank, resulting in higher capital requirements. The bank has been moved to the third-highest tier on the FSB's global systemically important banks (GSIB) list, increasing its additional capital buffer requirement from 1.5% to 2%. Meanwhile, Deutsche Bank has been downgraded by one tier, reducing its additional capital requirement to 1%. No other changes were made compared to the previous year.

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