The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used...
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- THESTAR.COM.MY - Business News - 27/06/2024 16:00
US banks sail through annual Fed health check
The biggest US banks will have enough capital to withstand severe economic and market turmoil, the US Federal Reserve’s (Fed) annual “stress test” exercise has showed, but firms face steeper hypothetical losses this year due to riskier portfolios. Read full story
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