Fed proposes requirement for banks to keep enough liquidity to tide them over a crisis

The US Federal Reserve proposed on Thursday that big banks keep enough cash, government bonds and other high-quality assets on hand to survive during a severe downturn on par with the 2008 financial crisis.

via Business feed http://www.scmp.com/business/banking-finance/article/1339591/fed-proposes-requirement-banks-keep-enough-liquidity-tide