26/06/2009 (Agence Europe) - The European Cooperative Bank Grouping (GEBC) has expressed “strong reservations” about the idea of restricting banks' ability to borrow with a leverage ratio in a letter to the chair of the Basel Committee on banking supervision. “We do not think that a leverage ratio would compensate for any of the identified shortcomings of the present regulation, nor will it provide a reliable benchmark for the future. Its relevance and reliability should not be...