INSUBCONTINENT EXCLUSIVE:
Goldman had one of the biggest increases in stress capital buffers (SCB) at 94 basis points
| Photo: Bloomberg2 min read Last Updated Jul 14 2024 | 8:07 PM IST
Goldman Sachs has lodged an appeal with the United States Federal
Reserve challenging its result in the regulator's most recent "stress test", which is set to force the bank to hold a greater amount of
exercise showed last month that the biggest United States banks would have enough capital to withstand severe economic and market turmoil
stress capital buffer (SCB) - an extra cushion of capital the Fed requires banks to hold to weather a hypothetical economic
reflect the strategic evolution of our business and the continuous progress we've made to reduce our stress loss intensity," CEO David