Bitcoin News

Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks

Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks


The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increased risks in bank balance sheets and higher expenses. The aggregate common equity tier 1 (CET1) capital ratio […]

Click Here to Read the Full Original Article at Bitcoin News…