Morning Scan: Muddling Through Stress Tests; Do Big Banks Need Fresh...
03/12/15
Receiving Wide Coverage ...
Stress Test Wrap: All 31 of the biggest U.S. banks managed to pass the Fed's stress tests this year, but for four of them it was less a "flying colors" sort of victory and more about muddling through. Goldman Sachs, JPMorgan Chase and Morgan Stanley received approval for their capital-payout plans only after adjusting them to ensure their capital ratios stayed above minimum requirements. Bank of America got conditional approval to go...
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