Banks
Fed Has Begun Bank Bonus Audit
While the Financial Times says bank executives were surprised by the request, it will help the Fed assess each firm's risk profile and ensure that pay practices are in line. Fed examiners are perhaps the most familiar with banks' exposure and trading practices already, having gone through balance sheets and off-balance sheet assets with a fine-tooth comb for the stress tests last spring.
-- Written by Lauren Tara LaCapra in New York.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
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SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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