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Fed adding coronavirus to bank stress test

Monday, April 13, 2020   (0 Comments)
Posted by: Amanda Averch
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The Federal Reserve is modifying this year's stress test to include how banks have performed during the coronavirus pandemic. The test will "analyze how banks' portfolios are responding to real, current events, not just to the hypothetical event that we announced earlier this year," says Randal Quarles, vice chairman for supervision.

Full Story: The Wall Street Journal (tiered subscription model) (4/10)  

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