Too Strong To Fail: All 31 Banks Clear Fed’s Annual Bank Stress Tests
We spotted this stat today:
"Of the 31 banks the Fed tested—which included the largest U.S. banks, like Bank of America, Citi, and Wells Fargo—as well as some sizable regional banks and the U.S. divisions of large international banks, all were deemed strong enough to weather a severe economic meltdown without any help from the government." (Source)