A WSJ article suggested that US banks will be required to hold up to 20% more capital should the Basel rules be fully implemented by 2025. The Fed is likely to present a new direction for regulation by the end of this month according to sources. How severe is this? Here are the numbers..
![Out of the Box #6: The Europeanization of the US banking system is on its way!](https://stenoresearch.com/wp-content/uploads/2023/04/Outside_The_Box-1080x675.png)