New Stress Tests for U.S. Banks

Financial Times:  Large US financial groups are bracing for a new battery of stress tests that will determine which institutions are now healthy enough to raise dividends and buy back shares.The Federal Reserve is expected this week to begin examining data provided by 19 groups, including Goldman Sachs, JPMorgan Chase and Bank of America, to gauge how their balance sheets would withstand a variety of new economic and financial shocks.  Read more at the Financial Times…..