WASHINGTON / Reuters US bank regulators proposed easing a key capital rule designed to restrict bank leverage, a move that would free up $400 million of capital across the largest US banks. The proposal from the Federal Reserve and the Office of the Comptroller of the Currency would reduce the “enhanced supplementary leverage ratio” (eSLR) and more closely tie the …

LONDON / Reuters The Japanese Bankers Association (JBA) and the China Banking Association (CBA) have joined forces to challenge proposed European Union regulations aimed at policing possible market risk posed by foreign lenders doing business in the bloc. In a letter to the European Commission seen by Reuters, the JBA and CBA — which represent hundreds of lenders from both …

FRANKFURT / Reuters Once one of Germany’s chief power brokers in finance, Deutsche Bank Chairman Paul Achleitner’s switch of chief executive has triggered criticism that it was rushed through, casting a cloud over his own future. Achleitner forced out CEO John Cryan after a row that centred on what some describe as Cryan’s ‘indecisiveness’ in cutting jobs and costs, according …