Federal Reserve says US banks pass stress tests – capital ratios well above requirement
<p>Fed stress test on banks results published. In summary, all passed, banks have enough capital to weather a severe economic slump. The pass mark paves the
way for banks to issue share buybacks and dividends.</p><p>Also – Large bank trading books were resilient to a rising interest rate
environment.</p><p>—-</p><p>I don't know that this is an all-clear for regional banks in the US TBH. The threat of runs has not disappeared although it quiet on that front at present. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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