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Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks

Started by Bitcoin, Jun 28, 2024, 05:59 am

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Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks

Federal Reserve Stress Test Projects $685 Billion in Losses for Large BanksThe Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increased risks in bank balance sheets and higher expenses. The aggregate common equity tier 1 (CET1) capital ratio […]

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