Major U.S. Banks to Undergo Stress Tests in Late June
The largest U.S. banks will undergo annual stress tests by the Federal Reserve in late June, which assess their ability to withstand economic shocks and determine capital buffers. Last year's results were favorable for major banks like Bank of America, JPMorgan Chase, and Wells Fargo as their required capital buffers dropped significantly.
Topics: banking capital requirements dodd-frank act federal reserve