The Traderszone Network

Published in TZ Latest News 24 June, 2017 by The TZ Newswire Staff

Here’s Why Bank of America Passed the Stress Test

This past week was one of the most consequential for banks. It was the week they faced the Federal Reserve’s stress tests.

Despite all the attention paid to the annual exercise, however, there was little doubt that most banks would pass it, including Bank of America (NYSE: BAC), the nation’s second-biggest bank by assets.

Image source: The Motley Fool.

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