Board of Governors of the Federal Reserve System

As I have noted previously, the increases in banking concentration in the $250-700 billion asset size category raise concerns. Since we know from experience that even noncomplex banks in that range can pose risks to the broader financial system when they experience financial distress, I am encouraged that the Board is seeking comment on an advance proposal to improve their resolvability through long-term debt requirements and is undertaking a serious review of large bank capital requirements.