Fed’s Yellen Says Large Banks May Need Higher Capital

Federal Reserve Chair Janet Yellen said “there might be room for stronger capital and liquidity standards for larger banks than have been adopted so far”. In a video recording played Tuesday at a financial markets conference sponsored by the Federal Reserve Bank of Atlanta, she said other measures such as minimum-margin requirements for repurchase agreements and other securities financing transactions, could, at least in principle, apply on a market-wide basis. Yellen: Enhanced leverage ratio Earlier this month, banking regulators took steps to raise leverage ratios for the largest banks in a bid to prevent serious issues from another 2008-like market…