Since the middle of 2007, Morgan Stanley has raised about twenty billion dollars in new capital and cut in half its leverage ratio-the total value of its assets divided by its capital.
The German Banks, even Deutsche bank, look particularly thinly capitalised when the test disclosures are used to calculate a simple leverage ratio of capital to total assets.
德国的银行甚至德意志银行不那么看重资本而是用测试来计算资本与总资产之间的杠杆率。
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There is now impressive momentum behind the idea of a leverage ratio, a measure that puts a fixed ceiling on the total amount of assets that a bank can hold relative to its capital.