Fed Aims To Extend Reach With Foreign Bank Stress Tests

Law360, New York (March 20, 2014, 6:13 PM EDT) -- The inclusion for the first time of the U.S. arms of foreign banks in the Federal Reserve's stress testing exercise is the latest attempt by American regulators to expand their authority and force international banks to adhere to the same standards as their U.S. counterparts, experts say. 

The Federal Reserve on Thursday released the results of bank stress tests mandated under the Dodd-Frank Act, expanding the number of banks that are included in the testing regime from 18 to 30, all of which have $50 billion...
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