Stress Test Results In A ‘Shot In The Arm’ For Bank Stocks Says Analyst
Big U.S. banks got a vote of confidence from the Federal Reserve on Thursday when all 23 banks subject to the Fed’s annual stress test passed with flying colors.
Federal Reserve Board Stress Test Results (Full Statement)
The Federal Reserve Board on Thursday released the results of its annual bank stress tests, which showed that large banks continue to have strong capital levels and could continue lending to households and businesses