Call us on 1300 794 893

Business News

Good News Daily

| More

Published on: Monday, April 27, 2009

The Federal Reserve outlined how they conducted the "stress tests" on America’s 19-largest financial institutions and reported that most banks were currently well capitalized but would have to keep a "substantial" amount above regulatory requirements should the recession worsen.

“Most banks currently have capital levels well in excess of the amounts needed to be well capitalized," the Fed declared. This is another plus for the bulls. 


New on Switzer

blog comments powered by Disqus

  THE SWITZER FEED
Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300