✉news BusinessBanking first seen 7 h ago, last 7 h ago, peak #35
Fed finalizes stress test reforms for big banks
Original: Fed finalizes stress test reforms, takes comment on scenarios
The Federal Reserve has finalized reforms to its annual bank stress tests and opened a public comment period on the hypothetical scenarios used to assess whether the largest US lenders can withstand economic shocks. The changes come after industry criticism that the tests were opaque and produced overly volatile capital requirements. Banks and regulators will now weigh in on how future scenarios are designed.
Why now: Banks and policymakers are closely watching changes to capital requirement rules following industry criticism of the stress tests.
Evidence
- Fed finalizes stress test reforms, takes comment on scenarios · American Banker
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