Basel panel reportedly will address banks' leverage ratio

03/12/2013 | Bloomberg · Reuters · Wall Street Journal, The

The Basel Committee on Banking Supervision is set to delve into the leverage ratio for banks amid concerns about lenders' calculations, sources say. Banks are concerned about the how the ratio is designed. "The Basel Committee really needs to look at how the rule is going to affect different business models," said Jouni Aaltonen, a director at AFME. Existing proposals would mean "client-facing commercial banks are hit harder by the rule than interbank broker-dealers."

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Bloomberg · Reuters · Wall Street Journal, The

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