Ron Burgundy Posted August 19, 2013 Share Posted August 19, 2013 WASHINGTON (Reuters) - Big banks must improve the way they determine how much capital they need to withstand any future crisis, the U.S. Federal Reserve said, citing observations from regulators' periodic tests of banks' health. The Fed said in a paper released on Monday that banks participating in regular "stress tests" had flaws in their capital planning processes, such as being unable to show that they considered all of the relevant risks to their businesses. ... View the full article Quote Link to comment Share on other sites More sharing options...
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