US regulators have pledged to adopt the new Basel leverage ratio, but with higher minimums, sparking concerns that US banks will find it harder to compete in repo and other businesses. Lukas Becker reports. Risk: US Banks Fear Competitive Impact of Higher Leverage Ratio.
As Central Clearing is more and more widely adopted around the globe, collateral, especially highly liquid collateral, is in high demand. Capco: Central Clearing Calls for Effective Collateral Management.
According to this IFR story, BoNY Mellon has cut its OTC clearing business due to "market and regulatory factors that will limit our ability to grow the business".