GC Asia
Leverage Ratio On Big Banks To Double
The U.S. Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp. and the Federal Reserve Board have jointly approved a doubling of the leverage ratio requirement on bank holding companies with more than $700 billion in total assets or $10 trillion in assets under custody to a total of 5%.
The U.S. Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp. and the Federal Reserve Board have jointly approved a doubling of the leverage ratio requirement on bank holding companies with more than $700 billion in total assets or $10 trillion in assets under custody
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