US banks are expected to benefit from a looser capital regime as President-elect Donald Trump returns to the White House, as reported by Reuters.
With Trump's leadership, industry experts foresee relaxed capital and merger policies under Republican regulators. This likely includes reducing restrictions from the Basel III endgame proposal, which mandates large banks to hold additional capital against risky loans. "The Basel endgame rule could be completely dead," Gene Ludwig, CEO of Ludwig Advisors, speculated.
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