Economy

Demeter

(85,373 posts)

16. Lenders Stress Over Test Results

Wed Mar 7, 2012, 12:25 AM

Mar 2012

Last edited Wed Mar 7, 2012, 07:59 AM - Edit history (1)

http://online.wsj.com/article/SB10001424052970204276304577261554100410414.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Some very large banks are clashing with the Federal Reserve over how much detail the central bank will reveal about them when it releases the results of its latest stress test.

The 19 biggest U.S. banks in January submitted reams of data in response to regulators' questions, outlining how they would perform in a severe downturn. Now, citing competitive concerns, bankers are pressing the Fed to limit its release of information—expected as early as next week—to what was published after the first test of big banks in 2009...

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