#Latest news with #largeBanksBloomberga day agoBusinessBloombergFederal Reserve to Release Bank Stress Test Results on June 27The Federal Reserve announced Friday that results from its annual bank stress tests will be released on June 27. The Fed said 22 large banks were subject to the tests, which evaluates lenders' resilience by estimating losses, net revenue and capital levels under a hypothetical recession. The scenario included a severe global recession with heightened stress in commercial and residential real estate markets and corporate debt markets, according to the Fed's statement.
Bloomberga day agoBusinessBloombergFederal Reserve to Release Bank Stress Test Results on June 27The Federal Reserve announced Friday that results from its annual bank stress tests will be released on June 27. The Fed said 22 large banks were subject to the tests, which evaluates lenders' resilience by estimating losses, net revenue and capital levels under a hypothetical recession. The scenario included a severe global recession with heightened stress in commercial and residential real estate markets and corporate debt markets, according to the Fed's statement.
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