FDIC board member suggests regulators go back to using straightforward leverage ratio.

FDIC board member suggests regulators go back to using straightforward leverage ratio.

Financial firms used subsidiaries to limit taxes, avoid tighter regulation.

U.S. banks almost $60 bln short of proposed capital buffers, Fed estimates.

Lobbyists pushed to expand restrictions, then encouraged governments to complain.

Lobbyists pushed to expand restrictions, then encouraged governments to complain.

As retail and institutional customers flee, ECB picks the slack.