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.
6 days ago·India
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