U.S. Finance
Potential Cut to Bank Requirements
U.S. authorities are preparing to announce one of the biggest cuts in banks' capital requirements in over a decade, the Financial Times reported on Thursday. Regulators were poised to reduce the supplementary leverage ratio (SLR) in the next few months, the newspaper reported, citing several people familiar with the matter. The supplementary leverage ratio is a rule that requires big U.S. banks to keep an extra layer of loss-absorbing capital.