The Federal Reserve Board’s vice-chair of supervision, Michael Barr, on Tuesday, outlined proposed Basel regulations which, if approved, would roughly halve the additional capital that big banks would need to maintain to safeguard them in the event of financial crisis. The new plan requires banks to hold 9% of additional capital instead of 19% proposed in the initial plan.Barr announced that regulators would resubmit diluted drafts of the global banks' capital regulation and the so-called Basel Endgame rule ...