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Federal Reserve pushes largest banks to review capital needs for risks

The Fed said big banks have made progress in preparing for a financial crisis, but must go further by accounting for specific risks that relate to their business activities.

By MARTIN CRUTSINGER Published: August 20, 2013

WASHINGTON — The Federal Reserve says the nation’s largest banks need to do a better job of determining how much capital they need to cushion against a future crisis.

In a report issued...
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