Banks Keep Mum About Stress-Test Costs, Clouding Reg Debate, American Banker

“It’s practically impossible for any bank to tell you what they’re spending on CCAR because they probably don’t know either,” said Mayra Rodríguez Valladares of MRV Associates, a consulting firm. “How do you know if the dollar you’re spending to upgrade the system is really for CCAR, or if it’s for the Volcker Rule or to calculate another regulatory ratio?”

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