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The current leverage ratio requirement in Basel III might have been set too low, Tarullo said.

Fed's Tarullo Suggests Higher Capital as Fix for Wholesale Funding Risk

by Donna Borak
MAY 3, 2013 4:31pm ET
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Federal Reserve Board Gov. Daniel Tarullo said Friday that he was still concerned about ongoing risks from banks' potential overreliance on short-term wholesale funding, but suggested one possible remedy: higher capital requirements.

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