Big Banks Face Easier Stress Test Scenarios This Year

Law360, New York (November 15, 2012, 7:12 PM EST) -- The Federal Reserve on Thursday released the economic scenarios that 19 U.S. banks will have to use when conducting mandatory stress tests to determine their ability to withstand a shock to the market, including a worst-case scenario that is slightly less severe than the previous year's exam.

Stress testing under what the Fed calls the Comprehensive Capital Analysis and Review was one of the new requirements for large banks put into law by the Dodd-Frank Act. The Fed, along with the Federal Deposit Insurance Corp. and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.