Banks Stress test

In the Fed’s 2023 stress tests, all 23 large U.S. banks demonstrated that they have sufficient capital to absorb hypothetical losses of $540 billion in the severely adverse scenario. The news brought optimism to the banking sector, with bank stocks represented by the Financial Select Sector...

Major banks are dishing out hundreds of millions of dollars each to consultants and experts to help them prepare for the Federal Reserve's annual stress test. The annual stress test is designed to see how major banks operate under a series of hypothetical and extreme case scenarios. This year's...