JPMorgan Chase and Goldman Sachs Group, the world’s biggest trading firms, had their revised capital plans for 2013 cleared by the Federal Reserve on Monday, a month before next year’s submissions are required.

While the Fed didn’t object to the banks’ proposals in March, the New York-based firms were required to resubmit them after weaknesses were found in projections of revenue and potential losses, a Fed official said at the time. The submissions from all 18 banks in this year’s Comprehensive Capital Analysis & Review, or CCAR, are now approved ahead of the next round due the first week of January.

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