• 09/21/2024

Big U.S. banks passed their latest annual stress test, with the Federal Reserve finding they would be able to continue lending to households and businesses in a severe recession even while suffering steeper losses than last year.

Wall Street Journal

Big U.S. banks passed their latest annual stress test, with the Federal Reserve finding they would be able to continue lending to households and businesses in a severe recession even while suffering steeper losses than last year.

https://www.wsj.com/finance/regulation/biggest-banks-can-withstand-severe-downturn-685-billion-in-losses-fed-says-c97d26ec