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Back to Home » March 2012 News » Fed: 15 banks pass stress test; Citi, 3 more fail |
Fed: 15 banks pass stress test; Citi, 3 more fail |
March 13, 2012
WASHINGTON (AP) -- All but four of 19 major U.S. banks got a green light Tuesday from the Federal Reserve to boost their dividends and take other steps that will make their stocks more attractive to investors. The Fed declared them strong enough to survive a downturn worse than the Great Recession....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_BANK_STRESS_TESTS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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