Four large U.S. banks, including Citigroup, have failed a Federal Reserve stress test meant to gauge their odds of surviving a new economic crisis. Ally Financial, SunTrust and MetLife also failed the test, while 15 companies passed. Overall, the Fed says all 19 banks are in stronger shape than they were after the 2008 financial crash.
4 Banks Fail Fed’s Stress Test for Economic Crisis
HeadlineMar 14, 2012
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