Global banking regulators agreed on Sunday to ease the way a new rule, meant to rein in risky balance sheets, is compiled to try to avoid crimping financing for the world’s economy.
Sunday’s decisions were the latest sign of how regulators have become more willing to accommodate banks as the focus switches to helping economies recover.
The relief to lenders may, however, be temporary as the regulators signalled there is still no agreement on the final level of the new leverage ratio, which measures how much capital a bank must hold against its loans and other assets.
CNBC
