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"The FDIC has the Fed and the OCC over a barrel on Basel III," Petrou said.

Regulators Struggle for Way Forward on Basel III Leverage Ratio

MAY 2, 2013 4:22pm ET
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The agencies appear to be at loggerheads over a final Basel III deal, with the Federal Deposit Insurance Corp. pushing for a higher leverage ratio but facing resistance from the Federal Reserve Board and the Office of the Comptroller of the Currency.

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