Bank Stress Test 2024 Report Card
The federal reserve will release results from its annual bank stress tests on june 26, covering 32 lenders with $100 billion or more in assets. The board’s stress test is one tool to help ensure that large banks can support the economy during downturns.
15, 2024, the federal reserve released the severely adverse scenario and the global market shock (gms) component that will be used to calculate the stress capital. America’s biggest banks are well positioned to survive a severe recession while continuing to lend to households and businesses, the federal reserve said.