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The Bank Stress has been finally released by the Fed. You can download the entire document here or read it below.
10 U.S. banks need to raise a total of $74.6 billion in capital, whichChairman Ben S. Bernanke claims will "reassure investors about the soundness of the financial system"! No kidding.
The results showed that losses at the banks under “more adverse” economic conditions than most economists anticipate could total $599.2 billion over two years. Mortgage losses present the biggest part of the risk, at $185.5 billion. Trading accounts were the next highest risk, with potential losses of $99.3 billion.
You can scroll, zoom, flip through pages, right on the screen below.
Bank Stress
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