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Big Banks Can Withstand Severe Recession, US Fed Stress Test Shows - Forbes India

Summary by Ground News
The Fed tested the 34 largest banks operating in the United States, looking at how their balance sheets would withstand sharp drops in asset prices. Each bank had enough capital to meet regulators' minimum requirements, even in the worst-case scenario. The annual tests hold new significance as inflation persists and signs of a coming downturn continue to accumulate.

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연합뉴스-Yonhap News Agency연합뉴스-Yonhap News Agency
Lean Right

Fed: “US Large Banks Can Withstand the Worst Recession”

(New York=Yonhap News) Correspondent Kang Geon-taek = Large banks in the United States evaluated that they could afford to continue lending to households and businesses even during the worst recession...

·Korea, Republic of
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연합뉴스-Yonhap News Agency broke the news in Korea, Republic of on Thursday, June 23, 2022.
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