Custodians eye leverage savings of more than $200bn via new SLR

Custody giants BNY Mellon, State Street and Northern Trust could see their total leverage exposures fall by more than $200 billion under a proposed revision to the supplementary leverage ratio (SLR). 

Federal agencies published a proposal to modify the capital requirement for banks involved in custody, safekeeping and asset-servicing activities on March 29. This would allow eligible holding companies and insured depository institutions (IDIs) to exempt central bank deposits from their leverage

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: