Santander and Deutsche Bank fail stress tests

Santander has failed Federal Reserve stress tests for the third time amid concerns over the banks' risk management tools and data analysis. Deutsche Bank also had its capital plans rejected by the Federal Reserve after showing inadequate risk management abilities.

By Evan Weinberger (June 29, 2016, 4:29 PM EDT) -- The Federal Reserve on Wednesday rejected capital plans filed by Santander Holdings USA Inc. — for the third time — and Deutsche Bank Trust Corp. over concerns about the two banks' data analysis and risk management tools for the second straight year....

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