FDIC's Hill Says Basel Plan Needs New Draft With All Aboard

By Jon Hill (July 24, 2024, 9:56 PM EDT) -- The Federal Deposit Insurance Corp.'s second-in-command called Wednesday for federal regulators to move in unison as they revise their controversial Basel III endgame plan for tougher big-bank capital requirements, saying any next draft should be comprehensive and backed by all the agencies involved....

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