Regulators ease new bank rule on leverage to aid economy
LONDON - Global banking regulators agreed on Sunday to ease the way a new rule, meant to rein in risky balance sheets from 2018, 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.
Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.
You will need your subscription account number and phone number. Not sure if you have an account? Call 701-252-3120 and we can help you.