Tarullo addresses Dodd-Frank's impact on mid-sized banks
Fed governor calls for group to be expanded by raising allowed asset ceiling
The aims of prudential regulation for traditional banking organisations should vary according to their size, scope and range of activities, Federal Reserve board governor Daniel Tarullo said in a speech in Chicago today, adding that by specifying these aims with more precision, regulators can shape a more effective and efficient regulatory system.
Tarullo discussed the "80 or so" US banks that have assets of at least $10 billion, but are not among the country's eight largest lenders that have
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