Daily News: June 21, 2013

U.S. Weighs Doubling Leverage Standard for Biggest Banks

Bloomberg reported that U.S. regulators are considering doubling a minimum capital requirement for the largest banks, which could force some of them to halt dividend payments.

Bloomberg said, according to people with knowledge of the talks, that the standard would increase the amount of capital the lenders must hold to
6% of total assets, regardless of their risk, which is twice the level set by global banking supervisors.

To read the entire Bloomberg story, click here.