'Stress Tests': US Banking System 'Vulnerable' But Stable
322 views · Published 8 May 2009 · 2:14 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
The U.S. government's long-awaited "stress-test" shows 10 of the nation's largest banks will need a total of $75 billion in new capital in case economic conditions worsen. The study of 19 U.S. banks was released late Thursday after U.S. financial markets were closed, to avoid spooking investors. But as Mil Arcega reports, some analysts say the report shows the nation's banks are doing better than expected.
