Big Banks Keep the Heat on Fed Over Stress Tests
Also, Warren has a lot of questions for SEC nominee Atkins; FDIC moves to excise `reputational risk' from examinations; CAT is valuable tool, Uyeda says
The Fed has been brandishing a white flag lately when it comes to stress testing, telling big banks that it will finally relent and allow them to review and comment on the inner workings of the annual exams. But hardened by what it sees as years of staff resistance, the industry isn’t counting on the central bank’s word. Instead, it’s ratcheting up a le…