Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.

The Federal Reserve told six major U.S. banks they won't need to submit results from climate stress tests this year as the program was shut, according to a media report. In 2023, the central bank, ...

The Federal Reserve has informed Wall Street banks that they will not be required to participate in climate stress tests, according to Bloomberg News. The decision affects lenders such as JPMorgan ...

As requirements for stress-capital buffers drop, Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and M&T Bank Corp. (MTB) are potential winners as they potentially pocket extra capital for stock ...

If job gains during that nine-period were chopped down to, say, an average of 125,000 or less, the newly revised employment data would suggest the labor market was a lot weaker than it seemed. And ...