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Tuesday
Mar132012

Bank Stress Test: The Best and the Worst

Hemera/Thinkstock(WASHINGTON) -- According to the Federal Reserve, 15 of 19 major U.S. banks would fare well if hit with catastrophic conditions based on a so-called stress test, which determines how banks would fare if hit with a peak unemployment rate of 13 percent, a 50-percent drop in equity prices, and a 21-percent decline in housing prices.

According to the Fed, "The majority of the largest U.S. banks would continue to meet supervisory expectations for capital adequacy despite large projected losses in an extremely adverse hypothetical economic scenario."

How did your bank fare?

The Worst:

Ally Financial

SunTrust Banks

Citigroup

MetLife

The Best:

Bank of New York Mellon

Street State Corp.

American Express

Capital One Financial Corporation

Regions Financial Corporation

BB&T

Fifth Third Bankcorp

Wells Fargo & Company

Bank of America Corporation

The PNC Financials Services Group, Inc

The Goldman Sachs Group

JPMorgan Chase

Morgan Stanley

U.S. Bancorp

Keycorp

The order is based on minimum stressed ratios with all proposed capital actions through Q4 2013.

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ABC News Radio