Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
Overview
The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
Source
Originally published at www.cnbc.com.
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