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6/28/18 - Art Angulo on Federal Reserve CCAR Results

Promontory Managing Director Art Angulo was quoted in a American Banker article about the Federal Reserve’s annual Comprehensive Capital Analysis and Review stress test. Angulo provided some insight into the Fed’s results, including the “qualified non-objections” to capital plans.

The quantitative test was pretty much cut-and-dried: you passed or you didn’t,” Angulo said. “The numbers don’t lie, right? In this case, they created some wiggle room,” said Angulo.

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