Major banks operating in the United States would be able to withstand a severe global economic crisis with funds to spare, the Federal Reserve said on Friday (Jun 21).
The Fed announced the results of its annual bank stress tests, showing the 18 largest financial institutions would suffer losses but still have enough of a capital buffer to continue operating.
Read more: US Fed says large banks prepared to withstand economic crisis - CNA
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The Fed announced the results of its annual bank stress tests, showing the 18 largest financial institutions would suffer losses but still have enough of a capital buffer to continue operating.
Read more: US Fed says large banks prepared to withstand economic crisis - CNA
The Digest Group
Almere-Digest
EU-Digest
Insure-Digest
Turkish-Digest
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