Banks' Reactions to Stress Tests

On May 7, the Treasury Dept. released the outcome of its stress tests conducted on the 19 largest U.S. banks. The tests were designed to measure the banks' ability to meet capital requirements under two forward-looking scenarios for the economy—one representing the consensus forecast and the other reflecting a deeper-than-expected economic contraction. Here are excerpts from statements by banks and financial associations on the test results:

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