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Home | Bank Stress Test – Most Passed, Some Didn’t Quite |
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Bank Stress Test – Most Passed, Some Didn’t Quite
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- March 15, 2012
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The Federal Reserve released the stress test result at the end of Tuesday and concluded that 15 of the 19 biggest financial institutions in America would be able to handle an extreme financial circumstance. The circumstance is defined as 13% unemployment rate, 50% drop in the stock market and 21% further decline in the housing [...]This article (Bank Stress Test – Most Passed, Some Didn’t Quite) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
- Read more at:http://www.americanbankingnews.com/2012/03/15/bank-stress-test-most-passed-some-didnt-quite/
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