Four in 10 big banks fail Fed’s supervisory expectations

42.5% of largest banks branded less-than-satisfactory by RFI ratings

More than 200 banks supervised by the Federal Reserve miss the mark on risk management, governance and regulatory compliance, a new report states. 

The central bank revealed that 42.5% of bank holding companies of more than $50 billion in size had less than satisfactory supervisory ratings in 2018. 

There are 51 US and foreign bank holding companies in this category, implying roughly 22 have