A plan to restructure the major US banks

Process in the face of increasing regulation as of 2017, the major US banks to restructure operations include decisions to reduce the number of employees
and reducing the size of bonuses and abandon speculative activities These include restructuring plans to reduce expenses cut allowances for brokers and bankers and reduce administrative expenses
and accelerate investments and stop the use of devices to replace staff in group banking operations. The largest US banks in terms of assets, "JP Morgan Chase", showing his desire to provide nearly five billion dollars by 2017
, through his close 300 branch. In 2014, salaries have deteriorated, "Goldman Sachs" to a minimum since the entry of the famous business bank to the stock market in 1999. To comply with the requirements of oversight bodies, the banking industry also deliberately to abandon the assets if they are high cost-effectiveness
, and try to reduce the huge dormant deposits by imposing fees on them, also announced JP Morgan just. For his part, "Goldman Sachs" is working to reduce its contributions to the investment funds and corporate capital investment
, as a spokesman told AFP. Morgan Stanley and reduce its presence in the field of mediation in raw materials, bonds, interest rates and currencies, have been put up for sale brokerage in the field of oil. The New York institution and prefer to focus on wealth management, an activity less risky. To avoid a repeat of the financial crisis in 2008, where we have seen forced countries across the world to recapitalize its banks
, senior officials from the fiscal policies stressed discipline and control measures. At the scene, the famous phrase "too big to fall", a name given to this major financial institutions
, which would threaten the collapse of the entire financial system.

Thus impose "Basel 3" rules on banks strengthen their funds in quantity and quality at the same time
. And that the money should be equivalent to 7 percent of their assets.
In other words, if it lent $ 100, it should be included seven dollars of that amount in its own account. Even the US central bank (Federal Reserve) and the Financial Stability Board are willing to go further than that too
. Financial Stability Board and wants to be required of major banks in the world that have a security rule from 16 to 20 percent of its assets (which are balanced by the risk) or the ability to accommodate a total loss. As for the Fed, he plans to demand from the eight major US banks to achieve a surplus in its own money between 1 and 4.5 percent according to size. US central bank may prevent the payment of profit rates and purchases of assets in the event of loss
. This threat and weigh on Bank of America and Citigroup, which last year were charged with an invitation to return to regularity. He said a spokesman for JP Morgan "We want to keep our Barbahna stable
, and we continue to pay the share of the profits and buy our assets own." And Bank of America said in its annual report for 2014 "reduce our investments and consequently, we will leave all the assets"
, while Citigroup to address "concerns". Thus, US banks find themselves banned from management activities in the markets for its own account
. The idea is to prevent them from betting their own money on private sites in the market are high cost in the event of failure
, as highlighted by the case of Kerveal in bank Societe Generale. He said the former banker-turned-analyst, "Kroll Bond writting Chris Whalen,
" that "I do not think that all this arsenal of oversight and discipline will lead to the solution + is too big to fall +"
, denouncing the "obsession" which entices top financial officials in relation to the private funds. He said Richard Bove at Rafferty that institution oversight bodies and their desire to force major banks to the extreme
, ended by giving competitive interest before medium-sized enterprises. Analyst noted that
"the major banks have huge gains and could scoops them to recruit skilled staff and the acquisition of appropriate technologies to mobilize the necessary resources." He acknowledged the Chairman of the Supervisory Financial Services Authority in New York Benjamin Auska himself in this
competitive arena deviation which leaves free of major banks in some of the activities at the expense of small banks. In an intervention at Columbia University (New York) on February 25,
he talked about the certificate head of one of these small enterprises,
which came tells about the difficulties of this "boom regulatory" monopoly the task of humanitarian resources at the expense of the traditional activity of the bank. "I will have to correct the situation."

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