Global leverage ratio for banks could be higher: BIS

London

RESTRICTIONS on risk-taking at banks could be toughened without harming the economy to reduce the chance of a systemic crisis at big lenders, according to a paper published by the Bank for International Settlements (BIS) on Sunday.

BIS, the bank for central banks, published the paper in its Quarterly Review, bolstering the hawks' case for a much higher global leverage ratio just as Basel enters final negotiations.