April 8, 2014 / 6:51 PM / 4 years ago

U.S. FDIC adopts tougher bank leverage rules

WASHINGTON, April 8 (Reuters) - The U.S. Federal Deposit Insurance Corp voted on Tuesday to adopt tougher leverage requirements for the biggest U.S. banks.

The rules set a leverage ratio of 6 percent for big banks and 5 percent for their holding companies. The new requirements would take effect in 2018, regulators said. (Reporting by Emily Stephenson. Editing by Douwe Miedema and Andre Grenon)

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