Goldman Sachs, Morgan Stanley Most Impacted By Leverage Ratio

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Mani
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Gold

Goldman Sachs Group Inc (NYSE:GS) and Morgan Stanley (NYSE:MS) would be the most impacted banks under the proposed changes to supplementary leverage ratio, Citi analysts feel. Keith Horowitz and team at Citi feel Goldman Sachs Group Inc (NYSE:GS) would see a drop of 90 bps while Morgan Stanley (NYSE:MS) could see a 70 bps decline due to the proposed changes. Leverage Ratio Rules As reported earlier, the eight biggest U.S. banks will need to hold twice as much equity capital as required globally under a new rule launched by the U.S. regulators on July 9, intended to protect taxpayers from any future…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports