The Fed: Fed won’t extend relief for banks from key capital rule

The Federal Reserve on Friday said it would not extend a temporary exemption that allowed banks to exclude Treasurys and deposits with the central bank from the calculation of the supplementary leverage ratio past March 31.

The Federal Reserve on Friday said it would not extend a temporary exemption that allowed banks to exclude Treasurys and deposits with the central bank from the calculation of the supplementary leverage ratio past March 31.