Big Banks Get Fed Blessing to Extend Leverage
A bicyclist passes the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)  

Big Banks Get Fed Blessing to Extend Leverage

(Bloomberg) -- The Federal Reserve will let Wall Street banks take on more leverage so they can absorb a severe lack of liquidity for Treasuries and a surge in customer deposits amid the coronaviru...
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