The Fed's Meeting on Bank Capital Requirements

The banks are conservative, we think, on buybacks despite the good results from the test for most banks because they don't know what's coming from these end game rules. I would say that these rules will obviously be faced in overtime. The banks have a significant amount of capital that they're generating every quarter and every year to meet these higher requirements. But it is a question that the banks are looking to be resolved. And at the Fed's meeting, just now following week after earnings start, we're expected to see some new proposals on bank capital requirements. Is that right? That is correct.