Fed Hints at Easier Bank Stress Tests as Two Lenders Hit Fresh Lows
Governor Bowman's promise of a looser exam collided with new 52-week lows at Texas Capital Bancshares and Brookfield Business Corp.
Fed Governor Michelle Bowman said changes to the annual bank stress test are coming soon, even as Texas Capital Bancshares fell to a 52-week low of $19.46 and Brookfield Business Corp touched $25.25.