Fed forces banks to present their capital plans

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP

The Federal Reserve required 31 biggest US banks to assess their trading books and credit portfolios against acute recession and European region market shockwave to make sure they have adequate capital reserves to bear losses. Fed propose 8% drop in GDP, jobless rate at 13% and 21% tumble in home prices as the worst hypothetical scenario banks should be prepared for. 

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