|By Jeff Jeffrey|
|A.M. Best Company, Inc.|
The stress test, officially dubbed the 2012 Comprehensive Capital Analysis and Review, applied worst-case financial scenarios to 19 complex bank holding companies through the end of 2012. In failing the four financial institutions, the Fed rejected their capital management plans.
Of the 19 companies evaluated in this year's stress test,
However, the Fed took issue with the company's total risk-based capital ratio and the fact its minimum tier-1 leverage ratio fell short of the Fed's target levels.
Kandarian also said
The institutions that passed the test included
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