Fed claims 15 of 19 banks have enough capital to cope with worst economic scenario

Note: This section contains information in English only.
Source: Bloomberg
Federal Reserve reported on Tuesday 15 of 19 lenders would be capable to keep their capital amounts above a required minimum and even maintain dividend payout in case of extremely unfavourable economic scenario. Fed's test assumed jobless rate at 13%, a fall in share prices at 50% and a drop in housing market by 21%. Of leading banks Citigroup failed to fulfil some minor standards and was required to resubmit the capital plan.
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