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BPI says revisions to large bank supervisory ratings in US overdue but welcome

( July 10, 2025, 20:36 GMT | Official Statement) -- MLex Summary: Bank Policy Institute President and CEO Greg Baer said that the US Federal Reserve’s decision to revise its supervisory ratings framework applied to large financial institutions is overdue but welcome. “It never made sense for the grade on any test to be the worst answer to any question, and of course, this approach yielded the outcome of two-thirds of large US banks being rated in unsatisfactory condition,” Baer said.Statement follows in full. ...

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