Morgan Stanley Must Resubmit Capital Plan in Fed Stress Test

  • Bank gets conditional approval as 30 other firms pass exam
  • Deutsche Bank, Santander units fail on ‘broad’ weaknesses

What the Fed Stress Tests Tell Us About State of Banking

Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to increase payouts to shareholders. Thirty other firms passed, while two subsidiaries failed.

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