US regulators voted to raise the leverage ratio of banks to 5-6% of their total assets.

The eight largest U.S. banks will have to hold another $68B in loss-absorbing capital after U.S. regulators voted to raise the "leverage ratio" to 5-6% of their total assets, well above the Basel III standard of 3%. The banks affected include JPMorgan (JPM), Citigroup (C), Bank of America (BAC) and Goldman Sachs. The eight firms have until January 1, 2018 to comply with the new rule.