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Banks hold up under Fed stress tests
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Banking
Tuesday, July 12, 2016
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The largest bank holding companies in the country have continued to add equity capital to strengthen their position in times of financial crisis, the Federal Reserve Board announced. It recently announced results of stress tests for 33 bank holding companies that comprise 80 percent of total banking assets in the U.S. How well did the financial industry perform? Read on for the details.
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