Barr is preparing to depart from the position ... for a 19% capital increase for the largest US banks, such as Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. In September ...
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Michael Barr, the Federal Reserve's top regulatory cop, said on Monday he will leave that post on Feb. 28, avoiding a potentially messy legal fight with President-elect Donald Trump who is now free to ...
Citigroup Inc. rose 3.8% and Goldman Sachs Group Inc. rose 1.7%. The KBW Nasdaq Bank Index moved up by 2.1%. Barr’s term as vice chair of supervision was scheduled to end in July of 2026.
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