Comment on Fed says 18 biggest US banks in stronger position

Fed says 18 biggest US banks in stronger position

The Federal Reserve says the nation's largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the 2008 financial crisis .<p/>The Fed's latest annual "stress tests" show that the 18 banks hold fewer bad loans compared with last year, helped by a stronger economy.

 

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