Tuesday, January 19States Top Leading News (STL.News)

Tag: comprehensive capital analysis and review

Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)
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Federal Reserve releases results of Comprehensive Capital Analysis and Review (CCAR)

WASHINGTON (STL.News) - The nation's largest banks have strong capital levels and virtually all are now meeting supervisory expectations for capital planning, the Federal Reserve Board on Thursday announced following its annual examination.  As a result, the Board is not objecting to the capital plans of all 18 firms but is requiring one firm to address limited weaknesses identified from the test. The Comprehensive Capital Analysis and Review, or CCAR, evaluated the capital planning processes and capital adequacy of 18 of the largest banking firms, including the firms' planned capital actions, such as dividend payments and share buybacks.  Strong capital levels act as a cushion to absorb losses and help ensure that banking organizations have the ability to lend to households and businesse...