Just one day after publication of the 2014 bank stress test results the Fed has issued a correction of the projected Tier 1 common ratios for half of the banks under the severely adverse scenario.

Econintersect: The Federal Reserve Board released the results of the annual stress tests of the 30 largest U.S. banks to assess how well each was prepared to weather either a moderate recession (adverse stress) or a severe recession (severely adverse stress).