3/17/2015

Major US banks conducting restructuring

New York – A. P. B 

In the face of the process of growing the organization as of 2017, the major US banking operations restructuring include decisions to reduce the number of employees and reduce the size of bonuses and abandon speculative activities.

The aim of the restructuring carried out by US banks to reduce costs and cut bonuses granted to brokers and bankers and reduce administrative expenses plans and accelerate halt investments and the use of devices to replace staff in a banking operations.

And larger US banks by assets, JP Morgan Chase, showing his desire to provide nearly five billion dollars by 2017, through the closing of 300 branches to him.

In 2014, deteriorated salaries at Goldman Sachs to the lowest since the entry of the famous business bank to the stock exchange in 1999.

To comply with the requirements of oversight bodies, the banking industry was baptized also to abandon the assets if they are high cost-effective, and try to reduce the huge deposits sleeping through the imposition of a fee, also announced that JP Morgan has just.



For his part, , Goldman Sachs is working to reduce its contributions to the funds and capital investment companies.

Morgan Stanley reduces its presence in the field of mediation in raw materials, bonds, interest rates and currencies, has put up for sale in the oil brokerage department. 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.

In the scene, “too big to fall” famous phrase , a name given to this major financial institutions, which would threaten the collapse of the financial system Bkamilh.ohecma impose “Basel 3” rules for banks to strengthen its own money in the quantity and quality at the same time. And that the money should be equal to 7 percent of their assets. In other words, if it lent $ 100, should fall seven dollars of this amount in your account. 

Even the US central bank (Federal Reserve) and the Financial Stability Board are willing to go further than that Ayda.ueired Financial Stability Board that required major banks in the world that have the security rule from 16 to 20 percent of their assets (which are balanced by the risk) or the ability to absorb the loss Alajamalih.ama for the Federal Reserve, 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 Hgmeha.oukd US central bank prevents the payment of profit rates and purchases of assets in the event of loss. This threat and weigh on Bank of America Citigroup, which last year drew an invitation to them to return to regularity.

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