(BN) Fed Finds 18 Large Banks Weak in at Least One Capital Area

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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