Fed and FDIC agree 6% leverage ratio for US Sifis

federal-reserve

US regulators on Tuesday issued a joint proposal to bolster the leverage ratios of the country's biggest banks – five years after the financial crisis that saw several of them bailed out by US taxpayers.

Under the new rule, eight banking organisations: JP Morgan Chase; Citigroup; Bank of America; Wells Fargo; Goldman Sachs; Morgan Stanley; Bank of New York Mellon; and State Street – often dubbed "too big to fail" due to their systemic importance for functioning financial markets – would be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: