Morgan Stanley set for biggest reset under softened eSLR
Bank’s leverage utilisation to fall from over 90% to 64% under new buffer
Morgan Stanley is set to benefit the most from the US’s easing of the enhanced supplementary leverage ratio (eSLR), as its use of leverage capacity will be largely reset.
On November 25, the US Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency finalised a rule that scraps the fixed 2% SLR buffer applied to US global systemically
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