I updated this post, as discussion on the leverage ratio still suffer from poor understanding of this solvency measure.
[…] 1 may include hybrid capital securities. This is capital of the weaker kind, see my post on the leverage ratio. Moreover, on 1 January 2014, the new Tier 1 deductions will not kick in in full, they will be […]
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Anyone saying this has either never been to New Zealand or never been to Wales. New Zealand sheep graze on pastures that would be considered good for cattle in Wales. There's a lot of spare land there. https://t.co/o3Nka5Ab1j
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