US weighs new rules for regional banks, complicating merger plans

Toronto-Dominion Bank is one of several large regional banks whose acquisitions await approval and could be affected by regulatory changes. (Photo: Reuters)Premium
Toronto-Dominion Bank is one of several large regional banks whose acquisitions await approval and could be affected by regulatory changes. (Photo: Reuters)
 wsj 4 min read . Updated: 07 Aug 2022, 05:31 PM IST Justin Baer, The Wall Street Journal

The Fed and OCC are discussing requiring regional lenders to hold more long-term debt that can help absorb losses in a crisis

U.S. regulators are considering whether to require large regional banks to add to the financial cushions that protect them in times of crisis, a move that is slowing down some pending bank mergers.

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