Fed says banks resilient in hypothetical downturn, clearing way for capital plans

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  Posted by Two Blokes Jun 27 - Filed in General - #TwoBlokesTrading  - 3 views
  
  Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and continue lending, with firms maintaining robust capital levels even after suffering hundreds of billions of dollars in losses, the Federal Reserve reported on Friday.