Major US banks get passing grade in ‘severe recession’ stress test By Cointelegraph

The American central bank has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.”

The report issued on June 28 also showed relative weakness among the midsize and regional banks, however, the stress test only requires the 23 banks to participate in testing,. The list comprises of the country’s largest lenders.