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Topic Summary

Posted by: NelsonGoni
« on: June 05, 2024, 06:17:30 AM »

Basel battle: Goldman’s unlikely foot soldiers in the fight against bank capital hikes 

Reuters exclusively reported on Goldman Sachs’ aggressive campaign to water down a proposal to raise capital requirements for big banks. A Reuters review of private Goldman documents, interviews with program participants and public disclosures revealed how Goldman recruited small business owners from across the country in its battle against the so-called Basel Endgame. Their task in Washington was to urge lawmakers to sign a letter asking the Fed to reconsider the proposal.


The post Basel battle: Goldman’s unlikely foot soldiers in the fight against bank capital hikes  appeared first on Reuters News Agency .


Source: Basel battle: Goldman’s unlikely foot soldiers in the fight against bank capital hikes 

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