Whats Next After Stress Tests for US Banks
U.S. regulators and the nation’s largest banks have nearly completed “stress tests” to determine how well the lenders would fare if the recession proves to be deeper and longer than expected. Citigroup Inc (C.N), Wells Fargo & Co (WFC.N), Bank of America (BAC.N) MetLife Inc (MET.N) and GMAC (GKM.N) are among the 19 lenders under [...]
Apr 21 2009 | Posted in US Economy | Read More »