Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarr's new capital requirements for banks is 'a bit more' than expected, says Wells Fargo's MayoMike Mayo, Wells Fargo Securities senior banking analyst, joins CNBC's to discuss why bank stocks are down on the news of the Fed's Barr recommending 9% increase in capital buffers for the largest banks, the resiliency of the banking system, and more.
Persons:
Wells Fargo's, Wells Fargo's Mayo Mike Mayo, Barr
Organizations:
Wells Fargo Securities
Locations:
Wells Fargo's Mayo, Wells Fargo