WASHINGTON, DC - MARCH 13:  The exterior of the Federal Reserve Board building is seen as they joined other government financial institutions to bail out Silicon Valley Bank's account holders after it collapsed on March 13, 2023 in Washington, DC. U.S. President Joe Biden tried to assure the public that the U.S. banking industry was safe following SVB's collapse and after New York regulators' forced closure of Signature Bank.  (Photo by Alex Wong/Getty Images)

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Bank stocks gained Monday after Bloomberg News reported that the U.S. Federal Reserve is circulating a lighter version of its proposed capital requirements that have drawn opposition from the industry.

Senior Reporter

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reported that the US Federal Reserve is circulating a lighter version of its proposed capital requirements that have drawn opposition from the industry.

said the Federal Reserve is sharing with other regulators a three-page list of potential revisions to the so-called Basel III endgame proposal that has been under study since last year.

Bank stocks gain after report about lighter capital requirements

Speculation about easier Basel III endgame regulations from the US Federal Reserve lifts bank stocks

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