Newsroom

June 29, 2016

Fed CCAR results show improved capital planning

Results from the Federal Reserve's Comprehensive Capital Analysis and Review, released Wednesday, show that capital planning processes at most participating bank holding companies have strengthened since last year.

The review evaluates the capital planning processes and capital adequacy of the 33 largest BHCs in the country.

"Over the six years in which CCAR has been in place, the participating firms have strengthened their capital positions and improved their risk-management capacities," said Fed Gov. Daniel Tarullo. "Continued progress in both areas will further enhance the resiliency of the nation's largest banks."

The Fed did not object to most capital plans but did object to the plans of Deutsche Bank Trust Corporation and Santander Holdings USA for qualitative concerns. This is the second and third year those banks have been rejected, respectively. The Fed will also require Morgan Stanley to submit a new capital plan by the end of the year to address certain weaknesses.