--- title: "U.S. Stock Movement | Bank stocks rise broadly, Goldman Sachs up over 3%" description: "On Friday, U.S. bank stocks rose broadly, with Goldman Sachs and Morgan Stanley up over 3%. JPMorgan Chase and Citigroup rose over 2%, and Bank of America increased nearly 2%. The Federal Reserve pres" type: "news" locale: "en" url: "https://longbridge.com/en/news/262662606.md" published_at: "2025-10-24T15:27:02.000Z" --- # U.S. Stock Movement | Bank stocks rise broadly, Goldman Sachs up over 3% > On Friday, U.S. bank stocks rose broadly, with Goldman Sachs and Morgan Stanley up over 3%. JPMorgan Chase and Citigroup rose over 2%, and Bank of America increased nearly 2%. The Federal Reserve presented a revised proposal for the Basel III Accord to regulators, which is expected to significantly relax the capital requirements for large banks, reducing the capital increase to between 3% and 7%. Morgan Stanley anticipates that by the second quarter of 2025, large banks will have $157 billion in excess capital, and their capital adequacy may continue to improve According to Zhitong Finance APP, on Friday, U.S. bank stocks rose broadly. As of the time of writing, Goldman Sachs (GS.US) and Morgan Stanley (MS.US) were up over 3%, JPMorgan Chase (JPM.US) and Citigroup (C.US) were up over 2%, and Bank of America (BAC.US) was up nearly 2%. In terms of news, recent reports indicate that the Federal Reserve has presented a revised proposal for the final rules of the Basel III Accord to other U.S. regulatory agencies, which would significantly relax capital requirements for large Wall Street banks. It is reported that some officials estimate that the new proposal will reduce the overall capital increase for most large banks to between 3% and 7%, a figure far lower than the 19% increase proposed in 2023 and also below the 9% increase suggested in last year's compromise version. Banks with larger trading business portfolios may see even smaller capital increases or even declines. Morgan Stanley stated that by the second quarter of 2025, large banks will collectively have $157 billion in excess capital. Rough calculations suggest that even if capital requirements rise by 7%, large banks will still retain at least $146 billion in excess capital. With further adjustments to subsequent capital rules (such as GSIB surcharges, SLR, and stress test transparency), banks' capital adequacy may continue to improve. Morgan Stanley added that for banks holding large trading investment portfolios, the reduction in capital requirements is most beneficial for Goldman Sachs, which it covers ### Related Stocks - [GS.US - Goldman Sachs](https://longbridge.com/en/quote/GS.US.md) - [C.US - Citigroup](https://longbridge.com/en/quote/C.US.md) - [BAC.US - Bank of America](https://longbridge.com/en/quote/BAC.US.md) - [MS.US - Morgan Stanley](https://longbridge.com/en/quote/MS.US.md) - [JPM.US - JPMorgan Chase](https://longbridge.com/en/quote/JPM.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Paul Efron, Former General Partner of Goldman Sachs & Co, Joins Star Mountain Capital as Senior Advisor | Paul Efron, former General Partner at Goldman Sachs, has joined Star Mountain Capital as a Senior Advisor. With over 40 | [Link](https://longbridge.com/en/news/276214085.md) | | REG - Goldman Sachs BnkEur Permanent TSB Group - Form 38.5b-PERMANENT TSB GROUP HOLDINGS PLC | Goldman Sachs Bank Europe SE disclosed dealings related to Permanent TSB Group Holdings PLC under the Irish Takeover Pan | [Link](https://longbridge.com/en/news/276331360.md) | | February Fund Manager Survey: Near Record Euphoria, Record CapEx Revulsion | Last month's Fund Manager Survey by Bank of America foundthat not only were investors the most bullish since July 2021, | [Link](https://longbridge.com/en/news/276229246.md) | | REG - JPMorgan India G&I - Net Asset Value(s) | JPMorgan India Growth & Income PLC announced its unaudited net asset value (NAV) as of February 17, 2026, which is 1,041 | [Link](https://longbridge.com/en/news/276216444.md) | | REG - JPMorgan China G&I - Net Asset Value(s) | JPMorgan China Growth & Income PLC announced its unaudited net asset value (NAV) as of February 17, 2026, which is 329.4 | [Link](https://longbridge.com/en/news/276216453.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.