United States: Capital Idea? Risk-Based Capital, Capital Relief Trades And The Proposed Basel III Endgame Capital Rules - Cadwalader, Wickersham & Taft LLP

On July 27, 2023, the U.S. federal prudential bank regulators (the Federal Deposit Insurance Corporation, the Federal Reserve Board ("FRB") and the Office of the Comptroller of the Currency) proposed new capital requirements for large banking organizations.