Goldman challenges result of Federal Reserve's 'stress test': Report

INSUBCONTINENT EXCLUSIVE:
Goldman had one of the biggest increases in stress capital buffers (SCB) at 94 basis points
| Photo: Bloomberg2 min read Last Updated : Jul 14 2024 | 8:07 PM IST Goldman Sachs has lodged an appeal with the U.S
Federal Reserve challenging its result in the regulator's most recent "stress test", which is set to force the bank to hold a greater amount
exercise showed last month that the biggest U.S
banks would have enough capital to withstand severe economic and market turmoil but firms faced steeper hypothetical losses this year due to