Comment on Fed: Biggest US banks strong enough to withstand recession

Fed: Biggest US banks strong enough to withstand recession

WASHINGTON (AP) — All of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and continue lending, the Federal Reserve said Thursday. The first round of the central bank's annual "stress tests" showed that as a group, the 34 big banks have gained strength thanks to a steadily recovering economy.Read more on NewsOK.com

 

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