Fed Reserve, OCC, and FDIC Release Bank Stress Test Results

The results of the "stress tests" of the financial conditions of the nation's 19 largest bank holding companies by the federal bank supervisory agencies have been released. The exercise--conducted by the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation--was conducted so that supervisors could determine the capital buffers sufficient for the 19 bank holding companies to withstand losses and sustain lending--even if the economic downturn is more severe than is currently anticipated.