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Stress Tests Give Banks More Say on Criteria in Fed’s Proposal
Summary by Bloomberg
6 Articles
6 Articles
The Federal Reserve announced on Friday it would completely overhaul its annual stress tests for major banks, a major concession to banks on a long-standing issue that the banking sector has criticized for its lack of transparency and high compliance burdens.
The Federal Reserve is considering a revised version of its bank stress tests, which would allow major banks to know the criteria for the next test in advance.
·Japan
Read Full ArticleFed proposal would publish full stress test models
The Federal Reserve Friday issued a set of proposed changes to its stress testing program for the largest banks that would disclose the central bank's back-end stress testing models, a move that the Fed had long opposed out of fear of making the tests easier for banks to pass.
Coverage Details
Total News Sources6
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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