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Fed's Bowman says changes to bank stress test coming soon
Source: reuters.com
Banking & LiquidityRegulation & LegislationCredit & Bond Markets
The Federal Reserve's top regulatory official said it will overhaul stress tests for large U.S. banks to improve transparency and make outcomes more predictable. The planned reforms meet a long-standing industry request and could reduce regulatory uncertainty for major lenders, with potential implications for capital planning and bank valuations.
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