Fed: Biggest Us Banks Strong Enough To Withstand Recession

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Thu, 06/22/2017 - 3:07pm

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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Topics:  washington ap     all   federal reserve   newsok   u.s    banks   withstand   recession   
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