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Five Tech Challenges Banks Face in Next Year’s Stress Tests

In preliminary conversations for the next round, observers say, the Fed is focusing on preprovision net revenue. As part of that modeling, regulators are asking banks to project how their deposit balances and their costs would change under different economic conditions.

“They care about whether you’re going to have to pay more for the deposits as rates rise and be able to produce enough profit,” said Pete Gilchrist, a managing director at the consulting firm Novantas.

Read the full article at American Banker’s Bank Technology News…

For more information, contact Novantas Marketing

+1 (212) 901-2772


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