Fed ‘Wiped Out’ $65 Billion Excess Capital In CCAR: Bernstein
Now that the details of this year’s CCAR stress tests are starting to fade, the thing that most people remember are Zions Bancorporation (NASDAQ:ZION) failing grade and a handful of rejected capital plans. That this was the first year the Federal Reserve used independent projections, instead of relying on banks’ own balance sheet projections, seems to . . .
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