U.S. Proposes Tough Leverage Ratio; AIG, GE Capital Get Systemically...
07/10/13
Receiving Wide Coverage ...
Beyond Basel: U.S. regulators proposed Tuesday that the nation's biggest banks adhere to a 5% leverage ratio with their FDIC-insured bank subsidiaries subject to a 6% ratio, double the requirement set by Basel III. The Journal calls the proposal "the first in a series of steps regulators plan to take to address ongoing concerns that banks remain so large, complex and interconnected that they could require another government bailout in the event...
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