The most exciting day of the financial year should have been today because the government releases the results of its multi-month bank “stress test” program which includes thorough vetting of the ...

All the major banks passed the Federal Reserve‘s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than ...

WASHINGTON — Banks and business trade groups sued the Federal Reserve board on Tuesday, demanding that bank capital requirements go through a rigorous notice-and-comment rulemaking process. The ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He ...

Most of the country's largest banks are poised to see flat or lower capital requirements next year after performing well in this year's Federal Reserve stress test, but ongoing efforts to reform its ...

Bank industry groups file lawsuit against the U.S. Federal Reserve's stress-test scenarios may be unrealistic Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to ...

A group of banks filed a lawsuit Tuesday against the Federal Reserve over the annual stress test that requires lenders to uphold sufficient reserves for potential loans losses while also controlling ...

Federal Reserve Chairman Jerome Powell will likely serve the remainder of his term under the Trump administration through May 2026. AFP via Getty Images The plaintiffs allege that the Fed has been ...

Past economic calamities have led to federal laws aimed at preventing bank failures.

The banking failures of early 2023—precipitated by the sudden collapse of Silicon Valley Bank (SVB)—served as a rude awakening for the sector, giving financial institutions extraordinary cause for ...

On being confirmed in March as the first executive director of the European Banking Authority, Adam Farkas, former head of the Hungarian financial supervisory authority, declared: “The success of the ...