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Fed votes to adopt tougher leverage rules for big banks

The U.S. Federal Reserve voted on Tuesday to adopt tougher leverage requirements for the eight biggest U.S. banks.

The rules, which set a leverage ratio of 6 percent for big insured banks and 5 percent for their holding companies, were also approved by the Federal Deposit Insurance Corp and the Office of the Comptroller of the Currency on Tuesday.

(Reporting by Emily Stephenson; Editing by Steve Orlofsky)