
US must broaden out bank stress testing
The US Treasury should expand its bank holding company stress-testing programme to include smaller firms, a Congressional panel has said.
Regulators conducted stress tests on the 19 largest US banks in May under the Supervisory Capital Assessment Program, which resulted in 10 banks having to raise a combined $74.6 billion in additional capital.
However, in its August report, The Continued Risk of Troubled Assets, the panel concluded that testing only the 19 largest bank holding companies was not
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