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 […]
Source: https://news.bitcoin.com/federal-reserve-stress-test-projects-685-billion-in-losses-for-large-banks/
