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Updated 29 June 2025 at 18:51 IST The Federal Reserve announced on Saturday that America’s largest banks have successfully passed its annual stress test, proving they could weather a severe global recession while maintaining enough capital to continue lending to households and businesses. According to the US central bank’s statement, all 22 of the big
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America’s Biggest Banks Pass Fed’s Brutal Stress Test-Here’s What It Means for You
Updated 29 June 2025 at 18:51 IST The Federal Reserve announced on Saturday that America’s largest banks have successfully passed its annual stress test, proving they could weather a severe global recession while maintaining enough capital to continue lending to households and businesses. According to the US central bank’s statement, all 22 of the big