Tales of leverage

p74-das-jpg

There is widespread recognition that the benign conditions of recent years encouraged a sharp increase in leverage within the financial system. Responding to the high levels of debt that contributed to the current financial crisis, the Turner Review - a report on global banking regulation published in March and written by Adair Turner, chairman of the UK Financial Services Authority - proposed a limit on the absolute leverage of financial institutions. This has been echoed by other regulators.

H

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: