The bank also stated that it would clearly outline in its Employee Code of Conduct and customer-facing documents that it does not discriminate based on political affiliation.
The regulation known as the Supplementary Leverage Ratio garnered further attention following a selloff of U.S. debt in April following Trump’s “Liberation Day” tariffs.
Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thurday, May 22.
