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US Plans to Ease Capital Rule Limiting Banks' Treasury Trades
US Plans to Ease Capital Rule Limiting Banks' Treasury Trades

Bloomberg

time2 days ago

  • Business
  • Bloomberg

US Plans to Ease Capital Rule Limiting Banks' Treasury Trades

The top US bank regulators plan to reduce a key capital buffer by up to 1.5 percentage points for the biggest lenders after concerns that it constrained their trading in the $29 trillion Treasuries market. The Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency are focusing on what's known as the enhanced supplementary leverage ratio, according to people briefed on the discussions. This rule applies to the largest US banks, including JPMorgan Chase & Co., Goldman Sachs Group Inc. and Morgan Stanley.

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