Tag: quarters-under
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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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Latest gun control bid falters in Congress, Democrat sit-in ends
By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) – Another attempt at gun control faltered in the U.S. Congress on Thursday despite outrage at the Orlando massacre, as a proposed ban on firearms sales to people being monitored for links to terrorism barely avoided being killed in the Senate. In a procedural vote, the Senate…