Morning Scan: Regulators Act on Leverage Ratio; Volcker Rule CLO Exe...

Receiving Wide Coverage ...

Leveraging Up: Regulators are slated to finalize a new rule on Tuesday mandating the amount of loss-absorbing capital big banks must hold on their books. Banking agencies last summer proposed raising the leverage ratio to 5% for bank holding companies and 6% for their insured subsidiaries. Those figures are expected to hold steady at the final vote, though how the ratio is calculated could be fine-tuned. Wall Street Journal, Financial Times, American...