Fed Tells U.S. Banks to Test Capital Against Recession Scenario

Scalpuman at 10h57
17
Feb
2011
Fed Tells U.S. Banks to Test Capital Against Recession Scenario

By Craig Torres and Hugh Son
Feb. 17 (Bloomberg) -- The Federal Reserve ordered the 19 largest U.S. banks to test their capital levels against a scenario of renewed recession with unemployment rising above 11 percent, said two people with knowledge of the review.
The banks stress-tested the performance of their loans, securities, earnings, and capital against at least three possible economic outcom

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17/02/2011 at 10h57 by "Scalpuman"