Tag: federal-reserve
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U.S. banks flex capital muscle in annual stress test
On Thursday, the Fed said each of the 33 U.S. banks that underwent its standardized stress test were able to stay above minimum required capital levels in severe economic and market conditions. Banks that participated last year also passed, but their capital levels have largely improved since then. Overall, the 33 banks would suffer $385…
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U.S. banks flex capital muscle in annual stress test
On Thursday, the Fed said each of the 33 U.S. banks that underwent its standardized stress test were able to stay above minimum required capital levels in severe economic and market conditions. Banks that participated last year also passed, but their capital levels have largely improved since then. Overall, the 33 banks would suffer $385…