Fed Makes It Easier for Banks to Get ‘Well Managed’ Rating

The Federal Reserve said Wednesday it had finalized changes to its supervisory rating framework for large banks, easing the requirements for certain lenders.

The Fed can now consider a firm with one deficient-1 rating to be “well managed,” according to a release. Any more than one deficient-1 rating or a more negative deficient-2 rating for any component would be considered not “well managed.”