US banks would lose $700bn in economic crash, Fed stress tests find - FT中文网
登录×
电子邮件/用户名
密码
记住我
请输入邮箱和密码进行绑定操作:
请输入手机号码,通过短信验证(目前仅支持中国大陆地区的手机号)。如果该手机号尚未注册,将自动创建 FT中文网账号。短信可能需要几分钟送达,验证码15分钟内有效,请耐心等待:
请您阅读我们的用户注册协议和隐私权保护政策,点击下方按钮即视为您接受。
商业快报

US banks would lose $700bn in economic crash, Fed stress tests find

Several Wall Street lenders boost investor payouts after receiving pass grades
00:00

{"text":[[{"start":10.1,"text":"The Federal Reserve found the largest US banks would lose more than $708bn in an economic collapse but remain above regulatory capital requirements, according to the central bank’s annual stress tests. "}],[{"start":23.799999999999997,"text":"The Fed on Wednesday gave pass grades to the country’s 32 biggest banks — including JPMorgan Chase, Bank of America and Goldman Sachs — in its stress tests. The results allowed several Wall Street lenders to lift investor payouts."}],[{"start":40,"text":"The annual exercise started in 2009 and helped restore confidence in the banking sector after the financial crisis but in more recent years it has faced criticism for being increasingly formulaic."}],[{"start":51.75,"text":"The stress tests gauge the resilience of banks through a series of doomsday economic scenarios. This year modelled a global recession, unemployment rising to 10 per cent and a 30 per cent drop in home prices."}],[{"start":65.35,"text":"Losses in these hypothetical scenarios included about $200bn from credit card lending, $75bn from commercial real estate and over $150bn from corporate loans which include lending to non-bank financial institutions. The Fed found that the total equity capital would decline 1.6 percentage points under these scenarios, the slimmest fall in at least seven years. "}],[{"start":89.94999999999999,"text":"“Today’s results underscore the strength of the banking system,” said Fed vice-chair for supervision Michelle Bowman."}],[{"start":null,"text":"

Bar chart of Percentage point decline showing Hit to large bank capital levels in stress test lowest in years in 2026 Fed stress test
"}],[{"start":96.94999999999999,"text":"Following the results, several large banks including JPMorgan, Goldman and Morgan Stanley announced plans to lift their dividends."}],[{"start":105.24999999999999,"text":"This year’s test is less impactful than usual. The process typically determines banks’ annual stress capital buffer, which is the amount of common equity tier one capital they must have in excess of regulatory minimums relative to their risk-weighted assets. This capital is in place to absorb potential losses. "}],[{"start":124.35,"text":"However, the Fed is freezing last year’s stress capital buffers, regardless of the result of this year’s test, as it reviews its overall stress test process following a lawsuit by bank lobby groups. Last year’s test resulted in steep declines in capital requirements for the largest banks, with Goldman the biggest beneficiary. These requirements will stay in place until 2027."}],[{"start":147.79999999999998,"text":"“It should be less of a market-moving event,” Christopher McGratty, KBW’s head of US bank research, said in advance of the results. "}],[{"start":155.6,"text":"US banks are already benefiting from lighter capital rules and earlier this year spent a record on share buybacks in the first quarter."}],[{"start":163.75,"text":"The Fed is also leading the implementation of the so-called Basel Endgame reforms and its current proposal would sharply cut capital requirements for the largest banks, a major win for the industry."}],[{"start":175.85,"text":"The US central bank also began cutting back on its supervisory staff last autumn, with Bowman spearheading efforts to trim the workforce by 30 per cent. She said on Tuesday in an internal memo seen by the FT that the reorganisation was complete and would come into force on July 12."}],[{"start":201.45000000000002,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1782346559_5654.mp3"}

版权声明:本文版权归FT中文网所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

AI股票泡沫终于要破裂了吗?

马丁:任何理性的人都能看出AI资产中不可持续的迹象。

埃森哲与“四大”瞄准中型企业市场谋增长

随着AI释放人力、降低服务成本,咨询巨头纷纷将目光投向规模较小的企业,希望以更低价格提供服务。

法拉奇:“我从未支持无休止的战争”

英国改革党领导人在美国共和党中期选举惨败后淡化了自己对伊朗战争的支持。

“蓝色浪潮”对美国经济变革的期待恐将落空

艾肯格林:美国国会的党派构成发生变化,对特朗普剩余任期内的政策制定影响不大。

民主党横扫中期选举,华尔街大金主押注失利

顶级对冲基金经理和私募股权投资公司高管为共和党竞选活动投入逾3亿美元,却几乎未见成效。
19小时前

美国的清晨,市场的黄昏

罗奇:美国中期选举结果再令人震惊,也阻止不了经济金融周期的转向。
设置字号×
最小
较小
默认
较大
最大
分享×