Tagged: stress-test

“Stress Tests” Point to Next Steps

With the release of results from the government’s “stress tests” on the nation’s largest financial institutes, 10 major banks must raise nearly $75 billion in capital.  Former Fed bank examiner Mark T. Williams, who teaches at the School of Management, says, “The race is on now: Whoever gets to market first and has the most […]

After the “Stress Tests”

Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, looks beyond the banking “stress tests” to lessons learned. “Assuming the stress tests produced ‘material’ findings for the bank regulators (BofA’s $34 billion capital deficiency seems to be ‘material’) doesn’t this say […]

Awaiting bank “stress test” results

With the release this week of results of the “stress tests” on the nation’s largest banks, Robert Bench, senior fellow at the School of Law’s Morin Center for Banking and Financial Law and former deputy Comptroller of the Currency, says federal regulators will be tough. “The federal banking agencies have the striped-shirt and the whistle, […]

Making bank “stress tests” public

Robert Bench, senior fellow at the School of Law’s Morin Center for Banking and Financial Law and a former deputy Comptroller of the Currency, questions whether results should be made public of “stress tests” being run on the nation’s 16 largest banks. “The U.S. government never has disclosed the results of its safety and soundness […]

Fed should share bank “stress-test” details

School of Management executive-in-residence Mark T. Williams, a former Federal Reserve bank examiner, says the Fed should be sharing more details with the public about the “stress-testing” being conducted on the nation’s 19 largest financial institutions. “It is understandable that the Fed needs to protect the confidential nature of test results.  But how the tests […]