Basel Regulators Agree On Changing Capital Rules

Basel regulators agreed on Sunday to ease the leverage ratio, which is meant to rein in risky balance sheets from 2018. The Basel Committee on Banking Supervision said in a statement the leverage ratio was adjusted after thoroughly analyzing bank data. A temporary relief from Basel regulators Leverage ratio measures how much capital a bank must hold against its loans and other assets. The relief from the Basel regulators may, however, be temporary as the regulators signaled there is still no agreement on the final level of the new leverage ratio. The ratio was originally set at 3% of capital,…