Your English writing platform
Discover LudwigExact(3)
JPM's overall funding costs will likely increase somewhat if it reduces its leverage, but the key reason for this is that government subsidies make debt more attractive than equity as a source of funding.
"While the banking system reduces its leverage, there will continue to be downward pressure on the supply of credit to businesses and households," King said.
Though a fiery speech by Mr Assad last week warned Israel of danger if it did not make peace, it is arguable that Syria has more to lose than to gain, if peace reduces its leverage over America in Iraq and over Israel through its influence on Hamas and Hizbullah.
Similar(57)
A little history: As the financial position of Lehman Brothers grew more and more perilous in 2007 and 2008, the company assured investors it was reducing its leverage by selling assets.
By the end of June 2008 — Lehman's last public balance sheet — it was hiding $50 billion of debt that way, enabling it to appear to be reducing its leverage far more than it was.
The firm has also reduced its leverage ratio, or the amount of money it borrows relative to its equity base, to 27 times from 32 times during the previous quarter.
The goal is to shrink the financial-services division so that it represents no more than 30% of GE's profit, to reduce its leverage and to develop a bigger deposit base, so that it is less reliant on wholesale funding.There are two risks with this plan.
In any case, Wall Street is busy reducing its leverage by selling assets and raising capital from investors.
"While the UK could unilaterally decide to lower its tariffs on agricultural goods, this could complicate the process of agreement to its schedules and reduce its leverage in future FTA negotiations, as the UK would be less able to offer preferential terms to other countries," explained the report.
As Paul McCulley of Pimco, the bond investor, put it in a recent essay titled "The Paradox of Deleveraging," lately just about every financial institution has been trying to reduce its leverage — but the plunge in asset values has nonetheless left these institutions with more debt relative to their assets than before.
Comcast plans to reduce its leverage by $4 billion to $4.5 billion this year, to around $25 billion.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com