Ta-Da! The New York Times reports that in another heroic milestone in the banking industry’s exciting recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions.
The findings would be the latest of several signs of renewed strength in the economy, including the unemployment report last Friday that showed that more than 227,000 jobs were created in February.
For the financial sector, including traditional banks and Wall Street firms that were at the heart of the panic during the crisis, the recovery has been slow but steady, with some banks recovering much faster than others. Still, while unpleasant surprises are possible, analysts are counting on the Fed to find banks largely healthy….
Read more at http://www.cnbc.com/id/46702604
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