A group of banks and business organizations has filed a lawsuit against the Federal Reserve over the lack of transparency in the central bank’s annual bank stress tests. These tests, introduced ...
The Fed wants to improve its process for stress testing banks' recession resilience and is aiming to seek public comment on planned changes early next year, the central bank said Monday. The changes ...
The Federal Reserve Board is poised to start releasing in advance models it uses to test the biggest banks’ readiness to withstand economic shocks. By Stacy Cowley and Colby Smith The country’s ...
A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders. The 22 banks subjected to this ...
WASHINGTON (Reuters) -The U.S. Federal Reserve on Friday advanced an overhaul of its annual "stress tests" of large banks, handing the industry a long-sought win over an exercise that they complain is ...
The Federal Reserve put forth a proposal Friday to publish the models and methodologies the central bank uses every year to stress test the nation's largest banks in an effort to increase transparency ...
Many banks regard stress testing primarily as a regulatory compliance burden. But compliance is not an end in itself. Currently, banks are trying to satisfy stress-test requirements while fending off ...