Many banks regard stress testing primarily as a regulatory compliance burden. But compliance is not an end in itself. Currently, banks are trying to satisfy stress-test requirements while fending off ...
Federal Reserve’s Vice Chair for Supervision, Michelle Bowman, reportedly said on Tuesday that she plans to unveil new changes to the central bank’s stress testing process. According to a Bloomberg ...
The Federal Reserve put forth a proposal Friday to publish the models and methodologies the central bank uses every year to stress test the nation's largest banks in an effort to increase transparency ...
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short of its goals. The suit comes from the Bank Policy Institute ...
The Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design of the tests ...
"These issues — volatility, the link between stress-testing results and capital and the short capital implementation compliance time frame, the lack of transparency and the overlap between the global ...
WASHINGTON (Reuters) -The U.S. Federal Reserve on Friday advanced an overhaul of its annual "stress tests" of large banks, handing the industry a long-sought win over an exercise that they complain is ...