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UBS chairman Weber sees leverage-ratio rules tightening more

from Bloomberg Businessweek

Swiss and international regulators will probably ask banks to hold more capital in relation to total assets after the U.S. raised leverage-ratio requirements for the biggest lenders, UBS AG (UBSN) Chairman Axel Weber said. “I do expect that to become kind of the new norm for all the global banks,” Weber said in an interview on Fox News’ “Sunday Morning Futures” program, referring to stricter caps on leverage approved by U.S. regulators this month. more

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