Big Banks Can Withstand Disaster Scenario as Balance Sheets Grow ‘Riskier,’ Fed Says – Barron's
The Federal Reserve said on Wednesday that its annual bank stress tests showed that large U.S. financial institutions have enough capital to withstand an economic crisis, but noted risks to banks’ balance sheets were growing. The high-profile tests subjected banks to a series of theoretically dramatic financial system shocks and showed that the biggest banks […]