Today news
About the same in other media
Federal Reserve to Test Ability of Largest Banks to Weather Recession
Reading now: 688
WASHINGTON—The Federal Reserve said it would test the ability of the largest U.S. banks to weather a hypothetical recession in which markets deteriorate markedly and unemployment jumps above 10%.
The so-called stress test, conducted annually to see how banks would react to drastic market and economic shocks, will feature a scenario in which a severe global recession leads to “heightened stress” in commercial real estate and corporate debt markets, the Fed said.
Read more on wsj.comAbout this in other media
Tether slashes commercial paper by 21% in latest reserves attestation cointelegraph.com /2 years ago
Future of finance: US banks partner with crypto custodians cointelegraph.com /2 years ago
Binance exec to lead crypto expert center by Russian bank association cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
