Reported about 6 hours ago
Wall Street analysts predict that large U.S. banks will gain up to $6 trillion in additional balance sheet capacity and significant capital relief from the Federal Reserve's proposed easing of leverage rules. Approved by a 5-2 vote, this plan aims to link capital requirements directly to each bank's role in the global financial system, potentially increasing liquidity in the Treasury market and enhancing banks' participation.
Source: YAHOO