Banks less stressed about CCAR
Fed’s 2017 stress test assumes 10% peak unemployment and sharp drop in commercial property prices
Risk managers at the big US banks typically spend the spring months fretting about the US Federal Reserve’s annual stress tests. The mood is different this year, with all 34 banks participating in the 2017 Comprehensive Capital Analysis and Review (CCAR) expected to pass the quantitative portion of the Fed’s stress test with relative ease.
“The industry will pass quantitatively with room to spare
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