Deutsche Bank flunks Fed stress test; 3 other banks get flagged
by Matt Egan @MattEganCNN
June 28, 2018: 5:29 PM ET
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The Fed raised more moderate concerns about Goldman Sachs and Morgan Stanley that will limit the ability of those Wall Street banks to raise their dividends and buy back more of their stock. The stress test also revealed State Street would suffer "large losses" if one of its business partners came under financial pressure.
Despite those concerns, the Fed's stress test results reflect a US banking system that has dramatically strengthened from the financial crisis a decade ago. Regulators gave a green light to the vast majority of the 35 largest US banks.
more:
http://money.cnn.com/2018/06/28/investing/deutsche-bank-fed-stress-test/index.html
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