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KM Financial Solutions | UPDATE 1-Zions Bancorp files petition to lose ‘systemically important’ tag
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UPDATE 1-Zions Bancorp files petition to lose ‘systemically important’ tag

19 Nov UPDATE 1-Zions Bancorp files petition to lose ‘systemically important’ tag

Posted at 13:53h in News by
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Nov 20 (Reuters) – Zions Bancorp on Monday said it
would file a petition with the Financial Stability Oversight
Council to challenge its “systemically important” status, a
label that triggers heightened oversight, and forces banks to
hold more capital.

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