VIDEO
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by
Reuters
Federal Reserve Says Most Banks Not Stressed
VIDEO DESCRIPTION:
Three of the 19 largest U.S. banks and one insurer failed the Federal Reserve's stress tests. Regulators said the worst performers
...
were Citigroup, Ally Financial, Suntrust and MetLife. The annual test determines whether the banks have enough capital to satisfy regulators, and takes into account a worst case scenario of a financial shock: 13% unemployment and a 21% drop in housing prices. Reuters Breakingviews Editor Rob Cox said the test criteria were severe but necessary.
Posted: 03/13/2012
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Views: 2,463
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Duration: 01:39
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