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Dijsselbloem Seeks Tighter Leverage Rules for EU Banks

Dutch Finance Minister Jeroen Dijsselbloem, who leads the group of 17 euro finance ministers, will seek stricter rules on leverage for banks across Europe.

Banks considered too big to fail should aim for a ratio of capital to assets of at least 4 percent, exceeding the 3 percent threshold proposed by the Basel Committee on Banking Supervision for 2018, Dijsselbloem said in a letter to the Dutch parliament published on the government’s website today.