Washington (EFE).- The 23 largest banks in the US passed the annual stress tests of the Federal Reserve (Fed) despite the banking uncertainty that ended Silicon Valley Bank (SVB) and Signature Bank in March, announced this Wednesday the US central bank.
According to Fed analysis, banks remained “above capital requirements” during a hypothetical global recession, despite losing more than 500 billion dollars (458.227 million euros at today’s exchange rate) in projections.