Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corporation, publishes his own calculation of capital levels at the world’s largest banks, and these data are now available through the end of 2014. The most leveraged big US bank, Morgan Stanley, has less than 4% equity, meaning that 96% of its balance sheet is some form of debt.
联邦存款保险公司（FDIC）副主席托马斯·霍尼格（Thomas Hoenig）发表了他本人估算的世界最大银行资本水平，目前数据已更新至2014年底。杠杆率最高的美国银行是摩根士丹利，其股本率还不足4%，也就是说，其资产负债表上有96%左右来自债务。美国大银行平均股本率略低于5%。