From the FINANCIAL TIMES:
US regulators have increased their scrutiny of the country’s largest banks in recent months, digging deeper into riskier activities and pushing institutions to conduct more rigorous “stress tests” of their financial health.
Wall Street executives say that since the end of the financial crisis examiners from the Federal Reserve, the main banking watchdog, have become tougher and more detailed in their policing of large financial institutions.
“They are all over us,” said a senior Wall Street banker. “They want to see a lot more detail and are demanding a lot more information.”
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