Fed tests find banks would be in good shape even in another crisis

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The nation’s banks would hold up well if another financial crisis struck, according to the results of “stress tests” released by the Federal Reserve Thursday.

The central bank’s Board of Governors said that the tests, in which the banks go through a hypothetical recession, indicate that the 35 biggest banks are “strongly capitalized and would be able to lend to households and businesses during a severe global recession.”

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