Bloomberg News, sent from my Android phone
The 18 largest banks subject to a Federal Reserve stress test this year fell short in at least one of five areas the Fed says are critical to risk management and capital planning.
While many banking companies have improved capital planning techniques and raised capital levels, "there is still considerable room for advancement across a number of dimensions," Fed supervisors said in a 41-page paper released today in Washington outlining weaknesses and successes in recent stress tests.
The Fed [...]
Read the full story at http://www.bloomberg.com/news/2013-08-19/fed-finds-big-banks-weak-in-at-least-one-capital-planning-area.html
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