US Regulators Propose Significant Capital Increase For Big Banks To Safeguard Against Future Crises

The JPMorgan Chase headquarters building in New York City. US regulators have proposed that large banks, including the likes of JPMorgan Chase, Bank of America and others, bolster their capital levels by an average of 16% to safeguard against potential future crises. (Michael M. Santiago/Getty Images)

In a significant overhaul of banking regulations since the 2008 financial crisis, U.S. regulators have proposed that large banks, including the likes of JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC) and others, bolster their capital levels by an average of 16% to safeguard against potential future crises.

This move is expected to primarily impact the largest banks, many of which already possess sufficient capital to comply with these new rules. The capital serves as a buffer for banks to absorb potential future losses.