Fed rejects bank appeals against stress-test results
Goldman Sachs remains in top spot for overall requirement, as Fed reveals stress capital buffers
The Federal Reserve has rejected appeals by Goldman Sachs and four other big US banks that challenged the results of this year’s stress tests.
The Fed revealed the decision – supported by analysis from an “independent group” – as it published the stress capital buffers it will impose following its 2020 stress-testing exercise.
The decision means Goldman will face the highest overall Common Equity Tier 1 capital requirement, at 13.7% of risk-weighted assets. The overall ratio comprises a 4.5%
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