Editor’s note: This story erroneously included stock information for Citizens Inc. rather than Citizens Financial Group Inc, which is the company mentioned in the Federal Reserve’s stress test report, ...
Most of the country's largest banks are poised to see flat or lower capital requirements next year after performing well in this year's Federal Reserve stress test, but ongoing efforts to reform its ...
All the major banks passed the Federal Reserve‘s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than ...
The Federal Reserve just released the results of its stress tests. You can see the Fed's 38-page document discussing those results here, and our list of the 19 institutions is here, along with the ...
Michael Barr, vice chair for supervision at the Federal Reserve, said that the banking system is "well-positioned to withstand the specific hypothetical recession we tested them against" in this ...
The Financial Services Forum said Wednesday that the Fed's stress tests prove that a controversial Basel III endgame proposal to boost capital requirements for banks is not necessary. “Today’s ...
One former banker says bank stress tests are essentially worthless exercises after the Federal Reserve gave passing grades to all 31 institutions it tested. The Fed’s stress tests released late ...
A group of banks filed a lawsuit Tuesday against the Federal Reserve over the annual stress test that requires lenders to uphold sufficient reserves for potential loans losses while also controlling ...