US bank regulators move closer to proposing new 'Basel' rules for large banks

U.S. bank regulators are nearing the proposal of new 'Basel endgame' rules for large banks, focusing on risk measurement and capital requirements. The Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency have submitted proposals for review, while the Federal Reserve has not yet submitted any details. The banking industry is closely monitoring these developments, especially after previous opposition to increased capital requirements under the Biden administration. The new rules aim to align with global standards and are expected to be proposed by early 2026.