Much ado about … little? Banks had chance at some pandemic relief when it came to asset levels — but many local institutions didn’t need it

When have bankers ever said no to a peeling back of regulations? Very recently. With banking segments and industries hard-hit by the COVID-19 pandemic, federal regulators offered back in April to give financial institutions temporary relief on leverage ratio requirements — or, put simply, the level of assets they have to maintain in the bank. … Continue reading Much ado about … little? Banks had chance at some pandemic relief when it came to asset levels — but many local institutions didn’t need it