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U.S. bank leverage rules to include global revisions - Fed governor 

February 7, 2014

A top U.S. bank regulator plans to tell lawmakers on Thursday that final leverage rules for U.S. banks will incorporate recent revisions to a global capital standard, which likely means tougher requirements for the institutions.

U.S. regulators proposed rules in July to limit the extent to which banks may fund their activities through debt, part of the Basel III global agreement to boost banks' capital levels.

In January, the international group revised the way it requires banks to calculate whether they are meeting the leverage requirements. That latest version is seen as somewhat tougher on banks than the method U.S. regulators initially proposed for firms operating in the country.

Read more: Reuters

 
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