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Credit Suisse had ‘aced’ Fed stress test in June 2022

by Index Investing News
March 24, 2023
in Stocks
Reading Time: 1 min read
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Link: 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 test, show strong capital levels

The U.S. units of major European lenders including Deutsche Bank, Barclays and Credit Suisse sailed through the Federal Reserve's annual "stress tests" on Thursday, showing they hold enough capital to weather an economic shock.

Still think the 'stress tests' mean much if 6 months can make such a huge difference?

submitted by /u/Sinuminnati
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Tags: acedCreditFedJuneStressSuisseTest
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