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Truist, US Bancorp chiefs say long-term debt requirement would harm lending

By Neil Roland
  • 21 Sep 2022 20:45
  • 21 Sep 2022 21:28
The heads of Truist and US Bancorp said a long-term debt requirement for regional banks that’s under consideration by federal regulators could harm lending to businesses and households.

“Regulation ought to be tailored and follow the risk of individual institutions,” Truist Chief Executive William Rogers told the House Financial Services Committee today. “Additional

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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