Fed considering changes to what constitutes a 'well-managed' bank

1. Federal Reserve proposes easing regulations for big banks regarding management definitions. 2. Banks with one 'deficient' rating might still be considered well-managed. 3. Critics argue this could weaken existing safeguards in the banking system. 4. Concerns arise about potential risks associated with loosening regulations. 5. Proposal follows recent updates to capital rules for large financial institutions.