Loading streams...
Now Playing
Connect with Us
Podcasts & RSS Feeds
| All Content |
| RSS |
| View all podcasts & RSS feeds | ||
Economy
Major Banks Pass Fed's Recession Test
By Annie Baxter
The Federal Reserve says most of the nation's largest banks are healthy enough to survive a severe recession. Fifteen of 19 large banks passed the latest round of so-called stress tests. Some financial institutions responded by rewarding shareholders with higher dividends. But were the tests rigorous enough?