The U.S. bank stress test revealed that banks would sustain a $501 billion loss under ‘intense’ pressure and Zions Bankcorp would fail. All banks in Europe who went through their stress tests passed.
BREAKING NEWS: Fed Says Banks Would Sustain $501B in Losses Under Intense Pressure http://t.co/qjqQdaf8mn
— Fox Business Alert (@FoxBizAlert) March 20, 2014
U.S. banks passed the latest round of Fed stress tests, but would sustain $501B in losses under intense pressure
— Victoria Craig (@VictoriaCraig) March 20, 2014