^

Banking

Fed tests US banks

-

MANILA, Philippines - Under the latest Treasury’s financial-rescue plan, the Federal Reserve and the Office of the Comptroller of the Currency (OCC) will have new power to put 18-20 US banks through stress tests in the coming months to determine if they have adequate capital to survive more unforeseen economic crises. Should the banks come up short, they will be ordered to raise money, accept a government cash infusion that comes with conditions, or perhaps be shut down.

 

ACCEPT

ADEQUATE

BANKS

CAPITAL

CASH

COME

COMES

COMING

COMPTROLLER

FEDERAL RESERVE AND THE OFFICE OF THE COMPTROLLER OF THE CURRENCY

  • Latest
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with