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>> WELLS FARGO Latest News

JAN 28, 2013 - MarketWatch

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Fed to release big bank stress tests March 7

WASHINGTON (MarketWatch) - The Federal Reserve said Monday it was conducting stress tests on 30 big financial institutions and it will release results from 19 of the banks on March 7, as part of its effort to ensure large institutions have enough capital to withstand a deep recession and sharp drop in stocks. It added that the results of stress tests conducted on 11 other institutions won't be released. The Fed said one week later it will release alternative tests on the biggest institutions. On Monday the Fed also released additional details of its severely adverse scenarios for six banks ... Read More

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