Home Stock Market Credit score Suisse had ‘aced’ Fed stress take a look at in June 2022

Credit score Suisse had ‘aced’ Fed stress take a look at in June 2022

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Credit score Suisse had ‘aced’ Fed stress take a look at in June 2022

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Hyperlink: https://www.reuters.com/markets/us/european-banks-ace-us-feds-stress-test-show-strong-capital-levels-2022-06-23/

European banks ace U.S. Fed's stress take a look at, present robust capital ranges

The U.S. items of main European lenders together with Deutsche Financial institution, Barclays and Credit score Suisse sailed by the Federal Reserve's annual "stress checks" on Thursday, exhibiting they maintain sufficient capital to climate an financial shock.

Nonetheless assume the 'stress checks' imply a lot if 6 months could make such an enormous distinction?

submitted by /u/Sinuminnati
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