JPMorgan Chase & Co. and Goldman Sachs Group Inc., the world’s biggest trading firms, had their revised capital plans for 2013 cleared by the Federal Reserve yesterday, a month before next year’s submissions are required.
Dutch Central Bank head of financial risk management, Anthony Kruizinga, comments at event in Dublin. *European Central Bank, European Banking Authority stress test will aim to have one adverse scenario to test banks’ health, he says *Scenario should be tough, not too tough, he says *“If it’s only one scenario, to make it an ultimate tail event, that’s a bit awkward,” he says *“You cannot stress everything in one test”: Kruizinga *No decisions yet taken on design of stress test, he says *Test will still be “severe and credible,” he says *NOTE: Mersch Says ECB’s Stress Tests May Cover Three-Year Period NSN MWGT7K6K50Y2 <GO>
The Slovenian stock exchange halted share trading in Nova Kreditna Banka Maribor d.d. and Abanka Vipa d.d. as the deadline looms for the outcome of stress tests that will show if Slovenia can avert a bailout.
Bank of England Governor Mark Carney took action to restrain the U.K.’s house-price boom by ending incentives for mortgage lending in a package aimed at curbing “evolving risks” to financial stability.
Slovenia readied itself to raise the amount it can pay to fix its ailing banks to a sum still below that estimated by investors who suggest it could be as much as three times more than the Balkan state has set aside.