Morgan Stanley, Goldman to benefit most from TLAC and LTD reform
Fed’s eSLR overhaul slashes requirements for large US banks, ushering in lighter capital demands
Regulatory requirements for total loss-absorbing capacity (TLAC) and long-term debt (LTD) at US global systemically important banks (G-Sibs) would fall by $87.4 billion and $131.8 billion respectively under proposed changes to the supplementary leverage ratio (SLR) unveiled on June 25, Risk Quantum analysis shows.
The reform seeks to lower the minimum SLR by replacing the existing 2% buffer with
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