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)

Grumpy Market Looks at Glass Half-Empty: BofA's Moec
51:21 - Gilles Moec, chief European economist at Bank of America Merrill Lynch, and James Bevan, chief investment officer at CCLA Investment, discuss the negative market effect of cheap oil prices. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
  • Trump and Sanders Shake Up Race to the White House
  • Carlsberg Worried About Russia, China Markets: CEO
  • Yellen’s Testimony Versus Market Expectations