JPM, C, GS and others file a joint lawsuit against the Fed over annual stress testing transparency and framework.
Under a lawsuit threat, the bank regulator agrees to change its bank capital tests.
The post Holiday Stress Test appeared first on Reason.com.
The lawsuit follows the Fed’s recent announcement to overhaul its stress test regime and seek public input on proposed ...
US banks sued the Federal Reserve after stress test overly restricts bank capital, reported the news portal CNBC.
Banking and business groups have sued the Federal Reserve (Fed) over the central bank’s annual stress tests, saying they’re ...
A business coalition led by large US banks filed suit Tuesday against the Federal Reserve, criticizing the central bank’s annual stress test implementation as “opaque” and detrimental to economic ...
The Fed’s stress test is an annual examination to assess the impact of a series of catastrophic economic scenarios on big banks such as JPM, C and GS. The results are used for the calculation of ...
Major banks and business groups sued the Federal Reserve on Tuesday, alleging the US central bank’s annual “stress tests” of ...