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05/18/2024 04:42:43 pm

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Big US Banks Pass First Round of Stress Test

The Federal Reserve's recent stress test, which included a $500 billion of combined losses scenario, showed that the biggest banks in the United States have enough capital to continue its business even if the country will face financial troubles.

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US Bank Refunding over $48M for Services Customers Never Recieved

On Thursday, September 25, the US Bank made a federal settlement to refund nearly $48M for improper charges for credit card services that consumers did not get.

Japanese Firms Seeking Foreign Investment as Domestic Profits Stagnate

Federal Reserve Bank Scrutinizes Deutsche Bank

The Federal Reserve Bank of New York found some serious oversight in the financial reporting process of Deutsche Bank, the New York Times reported.

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