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U.S. Bank Test Results Delayed as Conclusions Debated (Update1)


By Craig Torres and Robert Schmidt

April 30 (Bloomberg) -- The Federal Reserve will postpone the release of stress tests on the biggest U.S. banks while executives debate preliminary findings with examiners, according to government and industry officials.

The results, originally scheduled for publication on May 4, now may not be revealed until toward the end of next week, said the people, who declined to be identified. A new release date may be announced as soon as tomorrow, they said.

http://www.bloomberg.com/apps/news?pid=email_en&sid=aPVqgPJeDyzE