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Big US banks withstand Fed’s commercial real estate shock scenario

The Straits Times LogoThe Straits Times4d ago

Big US banks withstand Fed’s commercial real estate shock scenario - The Straits Times

Quick Summary:

All 31 big US banks passed the Fed's annual "stress tests".

All 31 big US banks passed the tests and showed they have sufficient capital to absorb nearly US$685 billion (S$930 billion) in losses.

One criticism of the Fed’s stress test by analysts was that it did not include the regional banks that hold the majority of CRE loans.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 07:46:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 592 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21397631

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About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 10 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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The story "Big US banks withstand Fed’s commercial real estate shock scenario" was covered 4 days ago by The Straits Times, a news publisher based in Singapore.

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  • News ID: #21397631
  • URL: https://beamstart.com/news/big-us-banks-withstand-feds-17194525076965

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