While the economic scenarios were mostly unchanged in the Federal Reserve's 2024 stress test of banks, the hypothetical economic storm took a heavier toll on bank balance sheets this year, the Fed ...
Banks took a more cautious approach to balance sheet management in the third quarter. In the regional banking space, Webster Financial Corp. unit Webster Bank NA more than doubled cash and equivalents ...
A surge in interest rates likely worsened unrealized losses on bonds and loans held by U.S. banks in the third quarter, further straining their balance sheets as they face pressure to pay more to keep ...