by Fed “stress tests” have compliant US big banks planning for up to 55% equity price reduction:NEW: Wells Fargo hits session high after saying it had a prime broker relationship with Archegos, but "did not experience losses related to closing out our exposure."" https://t.co/2FzfWush4B pic.twitter.com/HLz2IK2rL6— CNBC Now (@CNBCnow) March 30, 2021 While looks like this foreign bank allegedly taking large losses in the Archegos liquidation has been in the Fed’s doghouse for a while:Credit Suisse is the sole bank tripped up by Fed stress test as rest get approval to boost payouts https://t.co/65aL69ixmU— CNBC International (@CNBCi) June 28, 2019 Don’t fight the Fed....
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Fed “stress tests” have compliant US big banks planning for up to 55% equity price reduction:
NEW: Wells Fargo hits session high after saying it had a prime broker relationship with Archegos, but "did not experience losses related to closing out our exposure."" https://t.co/2FzfWush4B pic.twitter.com/HLz2IK2rL6
— CNBC Now (@CNBCnow) March 30, 2021
While looks like this foreign bank allegedly taking large losses in the Archegos liquidation has been in the Fed’s doghouse for a while:
Credit Suisse is the sole bank tripped up by Fed stress test as rest get approval to boost payouts https://t.co/65aL69ixmU
— CNBC International (@CNBCi) June 28, 2019
Don’t fight the Fed....