Fed stress test on banks results published. In summary, all passed, banks have enough capital to weather a severe economic slump. The pass mark paves the
way for banks to issue share buybacks and dividends.
Also – Large bank trading books were resilient to a rising interest rate
environment.
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I don’t know that this is an all-clear for regional banks in the US TBH. The threat of runs has not disappeared although it quiet on that front at present.
This article was written by Eamonn Sheridan at www.forexlive.com. Source