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The proposal may clear the way for some large banks to reduce their capital levels in the future but the largest firms on Wall Street are not likely to get such relief, the Fed said.
The Fed said the proposed changes are likely to somewhat increase the amount of capital required for the 30 largest banks known as GSIBs or global systemically important banks.
The measures should modestly decrease the amount of capital required for banks smaller than the GSIBs, the Fed said.
"No firm is expected to need to raise additional capital as a result of this proposal," the Fed said in a statement.
Banks and other stakeholders will have 60 days to comment on the proposal that is likely to take effect next year, said the Federal Reserve.
The new capital standards would be the first reform of capital standards conceived after the decade-old financial crisis.
(Reporting By Patrick Rucker; Editing by Chizu Nomiyama)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)