US Bank Stocks Slide After New Fed Tests Suggest Need For “Significant Increase In Capital”…(Toast!!)
by Tyler Durden
ZeroHedge.com
Sep 26, 2016
Two weeks after European and Japanese banks threatened mutiny against new banking capital requirements set forth by the Basel Committee, Bloomberg reports that Wall Street would have to come up with billions of dollars in additional capital in a proposed revamp of the Fed’s stress tests. US bank stocks are sliding on the news, falling back to the reality of lower and flatter yield curves as well as systemic threats from Deutsche Bank.
The Rest…HERE
