U.S. regulators propose rule to ease leverage rule for custody banks

April 18, 2019 at 08:00PM WASHINGTON, April 18- U.S. banking regulators on Thursday proposed a rule that would allow custody banks to exclude deposits with central banks from a stringent capital requirement. The relief, prescribed by a bank deregulation bill passed by Congress in May, would apply to Bank of New York Mellon, Northern Trust and State Street, as firms "predominantly engaged… via Banks https://cnb.cx/2Gtjvxi

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