Two banks fail Fed’s annual stress tests
Most bank holding companies pass the Comprehensive Capital Analysis and Review
Most large US banks have passed the Federal Reserve's annual stress test, but the subsidiaries of two European banks failed on account of "broad and substantial weaknesses across their capital planning processes".
This is second and third year in a row, respectively, that Deutsche Bank Trust Corporation and Santander Holdings USA have failed the test. As such, their proposed payouts to shareholders have been rejected again.
On balance, the Fed said, capital planning had "strengthened" at 31 of
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