Close Menu
    What's Hot

    Bitcoin ETFs Experience a Cooling Phase with Modest Gains Following April Surge

    May. 13, 2025

    Wall Street Reinforces Its Commitment to Bitcoin as BlackRock ETF Gains Momentum

    May. 12, 2025

    Reasons Some Analysts Believe XRP May Surpass Bitcoin in This Market Cycle

    May. 12, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home ยป GPT4 Can the USs major bank weather the financial collapse
    News

    GPT4 Can the USs major bank weather the financial collapse

    By adminJun. 28, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    GPT4 Can the USs major bank weather the financial collapse
    GPT4 Can the USs major bank weather the financial collapse
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In the aftermath of the collapse of the three largest banks in U.S. history a year ago, the Federal Reserve (Fed) has confirmed that the country’s largest banks have sufficient capital to withstand considerable stress. The Fed reported in its annual stress test that the 31 largest banks in the country could endure losses totaling approximately $68.5 billion from credit card debt, commercial loans, and commercial real estate.

    The two-year simulation scenario predicted a 55% stock market crash, a 40% decline in commercial real estate values, and an unemployment rate rising to 10%. Despite all banks on the list having adequate capital to withstand financial turmoil, the Fed noted increased risks on this year’s bank balance sheets due to rising credit card balances, tightened credit limits, and increased risk in corporate loan portfolios.

    Read more:

    According to a crucial indicator from the Fed, U.S. inflation fell to 2.6%.

    “Although the severity of this year’s stress tests was similar to last year’s, higher bank balance sheet risks and costs led to increased losses,” stated the Federal Reserve. They also indicated that the purpose of the tests was to ensure banks have enough capital to absorb losses under extreme stress, and the results demonstrate they have indeed achieved this goal.

    Source:

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleKraken Founder Also Backs Donald Trump Donates 10000
    Next Article Integrating Worldcoin ID into Solanas Ecosystem

    Related Posts

    South Korea Introduces a New Cryptocurrency Payment Method Featuring Instant Refunds

    May. 10, 2025

    Mango Markets Hacker Sentenced for Distinct Criminal Offenses

    May. 3, 2025

    Senate Schedules May Vote on Stablecoin Regulation in Response to Industry Pressure

    Apr. 30, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    Don't Miss

    Bitcoin ETFs Experience a Cooling Phase with Modest Gains Following April Surge

    Bitcoin May. 13, 2025

    After weeks of intense institutional activity that helped push Bitcoin above $100,000, inflows into…

    Wall Street Reinforces Its Commitment to Bitcoin as BlackRock ETF Gains Momentum

    May. 12, 2025

    Reasons Some Analysts Believe XRP May Surpass Bitcoin in This Market Cycle

    May. 12, 2025

    Why Coinbase Opted for Caution Rather than a Bitcoin-Maximalist Approach

    May. 12, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.