The proposal provides banks an incentive to exit senior tranches of asset-backed securities in exchange for more junior and riskier tranches, according to the Securities Industry and Financial Markets Association.
Fannie Mae, JPMorgan Chase and PennyMac are among the financial institutions that use AWS to perform tasks within a digital cloud computing environment.
Jonathan McKernan, a director at the FDIC, suggested slowing implementation of controversial provisions in a proposal on capital requirements for large banks.