The U.S. president Barack Obama has sent Congress a draft law which, if adopted, would prohibit the marketing risk of banks and impose restrictions on their size. Under the project, banks will be allowed to trade only for their own benefit and they can not “possess” more than 10 percent of the total liabilities of the banking system through acquisition. The measures will rank the regulators to block mergers that would increase the market share of a bank above a certain limit, unless it becomes bankrupt bank with the permission of the regulatory authorities. The purpose of the bill submitted by President Obama in late January, is to prevent another crisis like the present by reducing the propensity of banks to take risks. The proposed limit of liability is held close to the existing limit on bank deposits. Commercial banks in the United States held 10.4 trillion. dollar liabilities at February 17, according to the Federal Reserve. From JPMorgan Chase held 1.5 trillion. dollars of the total liabilities of commercial banks at 31 December, Bank of America – 1,3 trillion. dollars, and from Citigroup – 1 trillion. dollars.
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