Home » Posts tagged with "stress test"
Majority Of Banks Pass Stress Test
Most U.S. banks have passed the latest round of U.S. stress tests.
March 14, 2012- The Federal Reserve was pleased to see that the majority of banks passed their latest stress tests. On Tuesday, the Federal Reserve announced that 15 of the 19 larger financial firms had sufficient capital to make it through a difficult recession. The results were announced 48 hours early and helped pave the way for banks buy back some shares and increase dividends.
A senior financial analysts said, “When the Fed...