The Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency are focusing on the enhanced supplementary leverage ratio, eSLR, with plans to reduce it by up to 1.5% for the largest lenders, Katanga Johnson of Bloomberg reports, citing people briefed on discussions. The proposal would lower a bank holding’s capital requirement to a range of 3.5% to 4.5%, down from the current ratio of 5%, Bloomberg’s sources added. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
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