Big Wall Street banks like Goldman Sachs and Morgan Stanley won’t get the relaxation of capital requirements that they hoped for under the Trump administration. That is the key takeaway from proposed changes to the annual stress test process announced by the Federal Reserve Tuesday. These tests are crucial to bank investors because they determine how much capital banks must hold, and how much they can pay out to shareholders in dividends and buybacks.

Source: Wall Street Journal April 11, 2018 15:56 UTC