June 27 (Reuters) – Big U.S. banks had enough capital to weather a potentially severe economic downturn but some of their risky businesses could hypothetically take a major hit this year, according to results of the Federal Reserve’s annual stress test.
The 31 banks that participated showed they could withstand, opens new tab a spike in joblessness and stresses in the commercial real estate market and still have enough capital available to lend.
Source: REUTER
