U.S. Treasury to Delay ‘Bank Stress Test’ Results

The U.S. Treasury Department is planning to delay the release of any completed bank “stress test” results until after the first-quarter earnings season in order to soften impact on stocks, a source familiar with Treasury’s discussions said Tuesday.

The Treasury is still talking about how results of the regulatory stress tests on the 19 largest U.S. banks will be released, and may disclose them as summary results that are not institution-specific, the source said.

The government is testing how the largest banks would fare under more adverse economic conditions than are expected in an attempt to assess the firms’ capital needs. [via Reuters]

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