News Headline Summary

WSJ reports that any revisions to cap distributions by US banks must be submitted to the Fed by January 7th before stress test results are announced

Analysis details (17:07)

- This is in relation to stress tests to be conducted by the Fed in 2013 to ensure adequate capital position. Of note, Citi and SunTrust Banks narrowly missed meeting 5% tier 1 common equity risk-weighted assets (RWA) assets minimum capital ratio in the 2012 test at 4.9% and 4.8% respectively.

09 Nov 2012 - 17:00 - Fixed Income - Source: Newswires

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