Fed Launches Next Round Of Bank Stress Tests

Law360, New York (November 9, 2012, 4:04 PM EST) -- The Federal Reserve on Friday issued instructions to the 19 largest U.S. banks on submitting capital plans and how to conduct their latest round of stress tests, and said it would review the capital plans of an additional 11 bank holding companies.

The Fed runs annual stress tests, known as the Comprehensive Capital Analysis and Review and mandated by the Dodd-Frank Act, to determine how the nation's largest banks can stand up to severe economic strains. The central bank said it won’t release the exact stress...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.