Top US Lenders to Face Fed’s Annual Stress Tests This Week

Top US Lenders to Face Fed’s Annual Stress Tests This Week
A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America, and Goldman Sachs. Reuters
Bryan Jung
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The major American banks will be facing the Federal Reserve’s annual stress tests this week, to see if they have enough capital in a potential crisis to make the grade.

Despite the recent bank crisis this year, the lenders are are believed to have enough capital to weather a severe economic downturn., say analysts, but investor payouts are expected to dip slightly.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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