Twenty eight banks out of 31 have passed the Fed’s annual stress test in the US.
As part of the Comprehensive Capital Analysis and Review (CCAR), the Fed evaluates a bank’s capital adequacy and planned distributions, such as dividend payments and common stock repurchases.
Deutsche Bank and Banco Santander failed for “qualitative” reasons and Bank of America will need to resubmit their proposal.
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The US presidential candidates continued to campaign across key swing states on October 20. Footage…
