Fed takes lead role in ‘stress tests’ of U.S. banks

The Federal Reserve has taken the primary role in determining how much new capital the nation's biggest banks need to weather the economic slump, people familiar with the matter said. Putting the Fed in charge may help ease concern that different assessments by different agencies would lead to some firms being judged less strictly than others. ...

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Fed takes lead role in ‘stress tests’ of U.S. banks

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