The Traderszone Network

Published in TZ Latest News 4 March, 2015 by The TZ Newswire Staff

Banks brace for Fed capital buffers inspection

The largest U.S. banks and their foreign rivals are facing a tough two-step check-up of their financial health by the Federal Reserve, forcing the firms to get a far better grip on how they measure risk. In its annual “stress tests”, the Fed gauges whether banks have enough shareholder capital to withstand a severe economic shock like that of the 2007-09 crisis, when taxpayers spent billions of dollars to keep the industry afloat.