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Economy

xchrom

(108,903 posts)

12. US banks pass first phase of 'stress test'

Reply to Tansy_Gold (Original post)

Fri Mar 6, 2015, 08:34 AM

Mar 2015

http://www.bbc.com/news/business-31759931

This was the first time since the tests began in 2009 that all banks had a capital level above the minimum amount.

But some Wall Street giants were among the worst performers.

Goldman Sachs, Morgan Stanley and JP Morgan Chase were among the five banks with the lowest readings for a capital ratio of at least 5%.

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