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Bloomberg Wall Street Week - June 23, 2023
Wall Street Week
The Importance of Higher Capital Requirements
Romaine: Jay Powell, when he was on Capitol Hill this week, was asked about the need for additional, or I should say higher capital requirements. Romaine: We took a lot of time to look deep into Silicon Valley Bank and understand that exposure,. first reserve bank. The money center banks really are in very good shape in the USA.
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