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Home > News & Events > Press Releases

Press Release
February 25, 2014

Federal Reserve Board announces release dates
for the latest supervisory stress tests results and
related results from the Comprehensive Capital
Analysis and Review
For immediate release
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The Federal Reserve Board on Tuesday announced that results from
the latest supervisory stress tests conducted as part of the Dodd-Frank
Wall Street Reform and Consumer Protection Act will be released on
Thursday, March 20, and the related results from the Comprehensive
Capital Analysis and Review, or CCAR, will be released on Wednesday,
March 26. Results will be released for both exercises at 4 p.m. EDT.
The Dodd-Frank Act stress tests are forward-looking exercises
conducted by the Federal Reserve and large financial companies
supervised by the Federal Reserve. The exercises help assess whether
institutions have sufficient capital to absorb losses and support
operations during adverse economic and financial market conditions
over a period of nine quarters. The Dodd-Frank Act supervisory stress
test results will include data such as post-stress capital ratios, revenue,
and loss estimates under hypothetical adverse and severely adverse
scenarios provided by the Federal Reserve. The capital ratios assume a
common set of capital actions for all of the firms. The standardized
capital actions used in the Dodd-Frank Act stress test results provide for
comparability across the firms as they assume no changes in recent
levels of dividend payments and no common stock repurchases.

CCAR is an annual exercise by the Federal Reserve to help assess
whether the companies have robust, forward-looking capital planning
processes that account for their unique risks and are supported by the
firms' risk-measurement and -management practices. As part of the
CCAR, the Federal Reserve evaluates each company's plans to make
capital distributions, such as dividend payments, stock repurchases, or
planned acquisitions. CCAR results will include post-stress capital ratios
under hypothetical adverse and severely adverse scenarios provided by
the Federal Reserve and will reflect the capital actions the companies
plan to undertake during the nine-quarter period. In addition to the
quantitative results, the Federal Reserve will indicate whether it has
objected to a firm's capital plan based on qualitative grounds.
To see the instructions and scenarios for the 2014 Dodd-Frank Act
stress tests and CCAR, go to
www.federalreserve.gov/bankinforeg/stress-tests-capital-planning.htm.
For media inquiries, call 202-452-2955.

Last Update: February 25, 2014

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