US banking lobby sues Fed over stress test framework

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It also reflects a more aggressive approach in recent years by the banking industry.

The Fed uses the results to calculate the overall requirements for bank capital that can be used to absorb losses.

But they have come under criticism recently for the lack of transparency over the models used in the process and volatility in the results each year.

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Article Details

Author / Journalist: Joshua Franklin

Category: MarketsFinanceInvesting

Markets: United States

Topics: Stress Tests Lawsuit Financial Banking Process Results Industry Groups Banks Lobby

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 14:38:28 (1 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 24639590

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

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Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

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