The Federal Reserve is open to changing its stress-testing practices in hopes of heading off potential future legal challenges. On Monday, the Fed said it would ask the public for input next year on ...
With over a decade of experience in risk management and compliance, you’ve witnessed many changes in the financial services industry. Let’s dive straight into today’s topic: How has technology ...
The Federal Reserve is taking a two-track approach to stress testing reform — proposing changes to the process while also arguing in court that it is not obligated to do so. Last week, the central ...
Editor’s note: This story erroneously included stock information for Citizens Inc. rather than Citizens Financial Group Inc, which is the company mentioned in the Federal Reserve’s stress test report, ...