Fed to Test Banks on Rate Rise, Housing Collapse

Nov. 1 (Bloomberg) -- The Federal Reserve said it will examine how the biggest banks might react to a jump in long-term interest rates and another housing crash as it released the next round of stress-test scenarios designed to monitor the ability of the U.S. financial system to withstand economic shocks. The Fed said 12 additional banks will be subject to the capital review, joining 18 banks that have been previously tested. Peter Cook reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Zijin Mining to Accelerate Overseas Deals: Chairman
11:34 - Chen Jinghe, chairman of Zijin Mining Group Co., China’s most profitable gold producer, talks about strategy and prices for the metal. Zijin said first-half earnings rose by about 21 percent. Chen speaks in a Bloomberg Television interview. (Translated excerpts. Source: Bloomberg)
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