Bank Stress Test: The Best and the Worst

By Lyneka Little

Mar 13, 2012 6:24pm

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.”

The results of the economic doomsday-like situation were made public for the first time  since 2009, according to the Associated Press.

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

JP Morgan 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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