Stress test

They didn’t really do a legitimate test the first time, so I don’t see what difference this makes:

WASHINGTON/CHARLOTTE, N.C., June 10 (Reuters) – The Federal Reserve will subject more banks to annual stress tests to determine whether they have enough capital and can raise their dividends.

On Friday, the Fed said it is proposing that banks with $50 billion or more in assets be subjected to the capital testing regime, bringing the number of banks that would face annual tests, if they were conducted today, to 35 from a prior level of 19.

Among the banks that would now fall under the testing regime, based of Fed data through March 31, are Northern Trust Corp (NTRS.O), M&T Bank Corp (MTB.N), Discover Financial Services (DFS.N) and Comerica Inc (CMA.N).

The tests seek to determine how a large bank whose failure could hurt the economy and markets would weather a financial shock or an economic downturn.