Filed Under:Markets, Affluent

Federal Reserve Considers Delay of Stress Tests

A delay could give companies like MetLife more time to shed their thrifts (AP Photos/Mark Lennihan)
A delay could give companies like MetLife more time to shed their thrifts (AP Photos/Mark Lennihan)

The Federal Reserve Board announced last month that it is considering delaying implementation for the annual company-run stress test requirements until September 2013.

The delay would apply to insurers that have thrift holding companies, as well as banks, with between $10 billion and $50 billion in total consolidated assets. Insurers with thrifts—any savings and loan holding company, in fact—would have a lower threshold of $10 million in assets once those holding companies become subject to minimum risk-based capital requirements.

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Nichole Morford

Nichole Morford
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