Banks Fret as Agencies Ready Capital Boost
Also Republicans introduce (long shot) bill targeting Gensler; new jobs
Forget SVB. Banking executives are much more worried about the new capital regime Washington’s bank overseers will be putting the final touches on over the next few weeks. Its release promises to touch off an epic regulatory battle as lenders try to fend off the new charges, which go straight to their bottom lines.
Much of the angst has been spurred by t…