Proposed Regulation Would Force Banks to Issue Billions in Long-term Debt
By EsqSocial Corporation 27/09/23
Federal regulators are strongly considering requiring regional and mid-sized banks to issue billions of dollars in long-term debt to guard against more bank failures. This onerous requirement will be difficult and costly for banks: it comes at a time when rising interest rates and commercial real estate losses are squeezing banks, and one group of analysts predicts annual earnings hits of as much as 3.5% from the proposed regulation....
By: Harris Beach PLLC