The banking industry groups suing the Federal Reserve over its stress testing practices filed a motion for a summary judgment ...
“The Board’s lack of transparency results ... Some groups think the Federal Reserve shouldn’t amend the stress test regime. “The Fed all but stated it intends to give the Wall Street ...
T rade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...
A group of banking associations says the lack of transparency and public input in the framework violates the Administrative ...
The longtime central bank governor often served as a vocal counterpoint during Michael Barr's tenure, on issues such as ...
President Donald Trump nominated Federal Reserve Governor Michelle Bowman ... should consider ways to make its annual big bank “stress tests” more transparent and predictable for lenders.
Germany's Deutsche Bank said it had hired 1,800 employees “dedicated to ensuring that its systems and controls are best in class”. Santander's US chief executive, Scott Powell, said the bank ...
The incoming head of supervision would also have a major say on whether to proceed with the Fed’s 2023 proposal for long-term debt requirements for large banks. At the time, the regulator proposed to ...
The Federal Reserve, or "the Fed," is the central banking ... One method the Fed uses to assess individual banks is stress tests, where it uses a hypothetical scenario to determine how well ...
The Federal Reserve, led by Vice Chair for Supervision ... The report also said SVB "failed its own internal liquidity stress tests and did not have workable plans to access liquidity in times ...