http://www.wsj.com/articles/big-banks-to-americas-companies-we-dont-want-your-cash-1445161083
The latest fees center on large sums deemed risky by regulators,
sometimes dubbed hot-money deposits thought likely to flee during times
of crises. Finalized last September and overseen by the Federal Reserve
and other regulators, the rule involving the liquidity coverage ratio
forces banks to hold high-quality liquid assets, such as central bank
reserves and government debt, to cover projected deposit losses over 30
days. Banks must hold reserves of as much as 40% against certain
corporate deposits and as much as 100% against some deposits from hedge
funds.
...
Few banks disclose how much in "nonoperating"
deposits they hold. Credit Suisse Group AG analysts estimated in August
that the top four U.S. banks by assets hold roughly $650 billion in
those deposits that require the highest levels of reserves.
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