RBC's Cassidy Says Banking Industry Is Strong

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March 13 (Bloomberg) -- Gerard Cassidy, an analyst at RBC Capital Markets, talks about the U.S. banking industry and the results of the Federal Reserve's stress tests. The Fed said 15 of the 19 largest U.S. banks could maintain adequate capital levels even in a recession scenario in which they continue paying dividends and buy back stock. Cassidy talks with Adam Johnson and Betty Liu on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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