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Thomas Hoenig

Why the Bank Leverage Ratio Is Important

“In speaking about the leverage ratio, an extremely important bank capital requirement, Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corporation, said: ‘I think we’ve got the details worked out. Now it’s just getting the schedule.’”

“His comments on Monday at a National Association for Business Economics conference are the biggest hint that United States banking regulators have finalized and will soon announce a proposed leverage ratio for banks that was released for comment last July.”