Basel said to be weighing leverage ratio U-turn


The Basel Committee on Banking Supervision may back down on two of the most controversial elements of its proposed revisions to the Basel III leverage ratio, according to industry sources. While committee members decline to comment on the outcome of their latest meeting on December 4 and 5 in Hong Kong – beyond confirming the leverage ratio was one of the topics discussed – two bank regulatory experts and another industry source say regulators are on the verge of allowing cash col