Global custodians provided capital relief by Dodd Frank amendment
The provision exempts cash placed in central bank reserves by custodians from the calculation of the supplementary leverage ratio.
Tag: Dodd-Frank
House passes Dodd-Frank roll-back
Legislation passes lower house but Senate is unlikely to approve.
Concerns raised over ‘Chinese walls’
Institutions are concerned about the link between custody and investment businesses at banks.
US Treasury says banks stronger after Dodd-Frank
Secretary Lew praises Wall Street reform for strengthening bank balance sheets, and pulling derivatives “out of the shadows”.
Credit Suisse strengthens Treasury team ahead of Dodd deadline
Peter Holick joins from UBS as head of liquidity risk management.