Both banks insist they are comfortably capitalised, but their cushions look meagre if assessed by the most rigorous measure, the leverage ratio, which is gaining supporters on both sides of the Atlantic.
The survey does not measure the leverage effect of WHO funding, but this finding suggests it is considerable.
BVEBVD is measure of the leverage of the firm.
Investors seem to pay closer attention to more cautious capital measures such as the leverage ratio, which does not allow for any risk-weighted adjustment to assets.Some regulators may be tempted to take a more conservative approach, perhaps by imposing additional charges on individual banks.
"We particularly welcome the new emphasis on capital spending, and the measures to leverage private sector investment on infrastructure for roads and energy," said John Cridland, the CBI's director-general.
We particularly welcome the new emphasis on capital spending, and the measures to leverage private sector investment on infrastructure for roads and energy.
That prompted regulators to apply an older, less sophisticated measure of debt levels: the leverage ratio.
The leverage ratio measures the percentage of the bank's operations (ie, its assets, or lending) that is funded by equity instead of debt.
But it failed to adopt ideas for sweeping changes to how the Bank of England is managed and rejected proposals to make banks financially stronger through tightening a measure of capital known as the leverage ratio.
