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Justin Pritchard

Bank Stress Test Results Released

By , About.com GuideMay 7, 2009

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The Federal Reserve released results of bank stress tests today.

These tests were designed to analyze how banks will hold up if the economy continues to worsen. Will they run out of resources or can they withstand more difficult times ahead?

Regulators tested 19 of the largest banks, and 10 of them will have to raise $74 billion by November.

The tests ended up being more like stress "negotiations" instead of tests in some cases. Banks argued the details with regulators in efforts to earn a better grade.

See the Federal Reserve's press release for more details on stress test results.

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