Morgan Stanley Appeals for Reconsideration of Stress Capital Buffer

Key Takeaways The Fed set new capital levels for major banks following the June stress tests.Morgan Stanley appealed for a lower stress capital buffer, and the decision is due on Sept. 30.MS expected its CET1 requirement to drop to 12.6% from the current 13.5% based on recent test results.While announcing the finalized Stress Capital Buffer (SCB) requirement and new capital ratios for the country’s largest banks, the Federal Reserve noted that Morgan Stanley (MS) is seeking reassessment.As part of the annua ...