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Fed releases long-term plan to test big banks

Fed releases long-term plan to test big banks: The Federal Reserve says annual stress tests, single-counterparty credit limits and risk-based capital and liquidity requirements are part of its long-term plan to ensure big banks do not pose a significant threat to the overall economy.
As part of duties relegated to it under Dodd-Frank, the Fed outlined the steps it would take to ensure it [...]

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