Reginal Thomas
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Reginal Thomas in reginal thomas,

After Stress Test Fed Tells Big Banks To Improve On Capital Planning

In a paper that was released yesterday; the Fed told banks participating in regular "street test" that they had flaws in their capital planning process, such as showing they were prepared and had already considered all risks their businesses face. 


This reminds of me when banks in Europe were told to raise the amount of cash they keep in their indivdual bank vaults.