Seeking Alpha

The FDIC will introduce a draft of leverage limits for the big banks (XLF) on July 9....

The FDIC will introduce a draft of leverage limits for the big banks (XLF) on July 9. It's expected these could be as much as double (to 6%) what's required by Basel III, but it's also expected many large U.S. lenders are already above that level and the ones below shouldn't have an issue reaching it. 6% is also an upper limit - chances are the level comes in somewhere between 3-6%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)