The Bankwatch

Tracking the consumer evolution of financial services

Transparency pledge in bank stress tests – now May 2009

Confusing messages coming out on the timing of the Bank stress tests – now expected May.

Transparency pledge in bank stress tests | FT

The White House on Wednesday pledged “transparency” over the stress tests used to assess the health of the biggest US banks, as officials pushed wary banks and regulators to agree to disclose as much information as possible.

Robert Gibbs, US presidential spokesman, said that “early in May” there would be “transparency of determining and showing to all involved some of the results” of the tests.

Written by Colin Henderson

April 15, 2009 at 21:29

Posted in economy

Tagged with , ,

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