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US Fed urged to curb reliance on its own stress-test models
The US Federal Reserve’s annual bank stress test places too much reliance on the regulator’s own models and would be better ...
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BofA, Morgan Stanley, U.S. Bank CFOs push for holistic capital framework review
The connection among individual capital rules becomes “important to us as practitioners, because we’re managing all of them,” ...
I have epilepsy and can’t drive — is it worth spending half of my income on rent to be able to walk to work?
A 25-year-old woman with epilepsy currently relies on friends, family and Uber lifts not only to get to work but around more ...
BofA’s Hartnett Renews Warnings Around Bubble Risks for Stocks
The risk of a bubble in stock markets is rising as monetary policy loosens alongside an easing in financial regulation, ...
Banks are the best expression of the switch from U.S. to global stimulus, says Bank of America's Hartnett
The latest flow show report from Bank of America's Michael Hartnett focuses on the good fortunes of banks -- not just in the U.S. but also overseas. While U.S. bank stocks have gained 17% this year, ...
India's Shriram Finance misses profit expectations
India's Shriram Finance posted a smaller-than-expected first-quarter profit on Friday. The non-banking finance company (NBFC) reported an 8.8% year-on-year rise in standalone profit at 21.56 billion ...
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