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
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 how banks will hold up during times of economic turmoil, bank executives, former Fed officials and consultants involved in the process told Reuters.
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