Fed to Expand Annual Capital Exams to 35 Largest U.S. Banks

The Federal Reserve said it will expand a capital-planning program to the 35 largest U.S. banks to ensure they have an adequate buffer in an economic crisis.

Bank holding companies with at least $50 billion in assets will be required to adopt “robust, forward-looking capital planning processes that account for their unique risks,” the Fed said today in a statement in Washington.