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Banks swap tips to deal with Fed stress tests

Fed deliberately keeps quiet about how it measures lenders' performance during downturns, to prevent them from finding loopholes

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Fed deliberately keeps quiet about how it measures lenders' performance during downturns, to prevent them from finding loopholes

New York

EXECUTIVES at the biggest US banks are sharing notes with each other before their next round of tests with federal regulators.

Banks are struggling to figure out what exactly the US Federal Reserve is looking for when it conducts its annual "stress tests", which measure