- Stress tests on 33 U.S. bank holding companies finds the lenders could weather $526B in losses in the Fed's severely adverse scenario, which includes a major global recession, a sharp rise in unemployment, heightened financial stress, and even negative Treasury yields.
- The aggregate CET1 ratio would fall from an actual 12.3% in Q4 of 2015 to 8.4% in Q1 of 2018 under the severely adverse scenario.
- The results of the CCAR - banks' capital return plans - are due in one week.
- ETFs: XLF, FAS, FAZ, UYG, VFH, IYF, BTO, IYG, FNCL, SEF, FXO, RYF, FINU, RWW, XLFS, FINZ, JHMF, FAZZ, FNCFa