A report out earlier on Reuters citing unidentifed sources and re-printed now on other wires now
- Fed considering using its annual health check on big banks as one of its tools to prevent a build-up of excessive financial risk
No further detail at present but if this is implemented the upshot could be to force banks to retain billions of $ that would otherwise have gone to shareholders
There’s been plenty of rhetoric out lately from the likes of Tarullo and Williams on stress testing and Reuters has more on their story here now