Quarles lays out road map for bank regulations
WASHINGTON (AP) — The Federal Reserve's top official on financial regulation is putting forward a wide-ranging agenda for improving the way the nation's banks are regulated, saying he wants to focus on "efficiency, transparency and simplicity." Randal Quarles, the Fed's vice chairman for supervision, says that he is looking at improving the Fed's annual stress test of the nation's biggest banks — the capital cushion banks are required to hold against loan losses — and the "living wills" the biggest... Читать дальше...