U.S. Banks to Face Tougher Leverage Caps Than Competitors

The biggest U.S. banks will face greater restrictions on borrowing power than their overseas competitors under supplemental leverage ratio rules set to be adopted by regulators in Washington today. Eight lenders, including JPMorgan Chase (JPM) & Co. and Bank of America Corp., are going to be requ…

Read the original here:
U.S. Banks to Face Tougher Leverage Caps Than Competitors