JPM, C, GS and others file a joint lawsuit against the Fed over annual stress testing transparency and framework.
Under a lawsuit threat, the bank regulator agrees to change its bank capital tests.
In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, a major law regulating large ...
The lawsuit follows the Fed’s recent announcement to overhaul its stress test regime and seek public input on proposed ...
US banks sued the Federal Reserve after stress test overly restricts bank capital, reported the news portal CNBC.
Banking and business groups have sued the Federal Reserve (Fed) over the central bank’s annual stress tests, saying they’re ...
A business coalition led by large US banks filed suit Tuesday against the Federal Reserve, criticizing the central bank’s annual stress test implementation as “opaque” and detrimental to economic ...
Major banks and business groups sued the Federal Reserve on Tuesday, alleging the US central bank’s annual “stress tests” of ...
Major banks and business groups, including the American Bank Association, sued the U.S. Federal Reserve (Fed) on Tuesday, ...