WASHINGTON—Regulators took steps on Wednesday to dial back scrutiny of big U.S. banks, asset managers and insurance companies, easing policies set up after the financial crisis. The Federal Reserve said it would end a system of giving pass-or-fail grades to domestic banks on a portion of their annual stress tests, which measure whether the firms could keep lending during a severe downturn. Meanwhile,...
Source: Wall Street Journal March 06, 2019 21:11 UTC