Tuesday, July 3, 2018

Fed Gave Goldman, Morgan Stanley Path Around Stress-Test Failure

Fed officials gave Goldman Sachs and Morgan Stanley an unprecedented option in stress tests that allowed them to keep shareholder payouts at recent levels without a formal failing grade—despite failing a part of the test. It’s being seen across Wall Street as a sign of changing winds in Washington.

from WSJ.com: US Business https://ift.tt/2z6bfld
via IFTTT

No comments:

Post a Comment