Large Banks Performed Well in Fed Stress Test: S&P Global Ratings

Share buybacks by large banks will likely remain subdued this year despite “encouraging” results from the Federal Reserve’s latest stress test, S&P Global Ratings said in a non-rating action titled “Banks Held Up Well In The Fed’s Stress Test, But They Likely Won’t Ramp Up Share Buybacks.”

DBRS Morningstar: Federal Reserve Finds CRE Risk

The good news: all 34 banks the Federal Reserve’s recent stress tests examined passed. The not-so-good news: the tests found potential risks in certain loan portfolios including commercial real estate, said DBRS Morningstar, New York.