Key Charts - Bank Regulation
Fed Stress Test: Success for Most of the Big Banks
- The Fed stress tests released in early March showed that of the 31 firms examined, most of the banks are in good shape, and their capital plans were approved this year.
- Only 28 banks passed the Comprehensive Capital Analysis and Review (CCAR) test that evaluated the capital planning process and capital adequacy of financial institutions. The capital plans for Bank of America were approved conditionally upon the presentation of the final capital planning process by the end of September.
- Citigroup turned out to be a silver lining this year. After failing the test last year, it was under close watch by shareholders. It passed the test this time and announced a dividend payout and share buyback after the results were released.