The U.S. financial system is "slowly recovering" but remains vulnerable to crisis, says the IMF,...

|By:, SA News Editor

The U.S. financial system is "slowly recovering" but remains vulnerable to crisis, says the IMF, partly because lawmakers have failed to take bolder action. The IMF also conducted stress tests on the 53 largest banks in the U.S. and found that 12 banks, nearly all of them small or regional, would need to raise more capital.