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The 24/7 news cycle kept churning this week, but hopefully not lost in the shuffle was the Federal Reserve Board's announcement on the individual capital requirements for all large banks, following the June announcement of Dodd-Frank Act Stress Test results. Let's not forget: this supervision is there for a very good reason − namely, to ensure that banks are sufficiently capitalized to absorb losses during times of stress. We look at the FRB announcement, and other key announcements from U.S. and UK agencies, this week.  

As always, we welcome your thoughts. Just write to us here.

Daniel Meade and Michael Sholem
Co-Editors, Cabinet News and Views

August 11, 2022
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