Fed Board Meeting on Tougher Bank Leverage Ratios

Fed Board Meeting on Tougher Bank Leverage Ratios Play

April 8 (Bloomberg) -- The Federal Reserve Board of Governors meets to consider revised supplemental leverage ratio rules for the biggest U.S. banks. The rules, passed by the Fed, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency, require eight lenders to hold capital equal to at least 5 percent of total assets. The rules designed to curtail financial-system risk surpass the 3 percent minimum set in a global agreement by the Basel Committee on Banking Supervision. (Source: Bloomberg)

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