Relevant:
- Sprott - "The [Recovery] Has No Clothes"
- Stress tests may force banks to convert TARP stock
- Banks Won Concessions on Tests
- Goldman Sachs, Morgan Stanley must keep capital return plans unchanged after Fed stress test blunder; DB Gets panned
- Bank Capital Ratios -- Bolstered After Crisis -- Begin Shrinking Once Again
2012-03-20 — bloomberg.com
The Federal Reserve has released the results of stress tests of 19 big U.S. banks that assessed how their Tier 1 common capital ratios would fare by the end of 2013 with a 13 percent unemployment rate, a 50 percent decline in stock prices and house prices off 21 percent.
Only one institution, Ally Financial Inc., would fail to meet the 5 percent minimum capital requirement. Yet Citigroup Inc. (C), MetLife Inc. (MET) and SunTrust Banks Inc. were so close to the threshold that the Fed won't allow them to raise dividends or buy back stock.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.