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Tom Michaud Talks Bank Stress Tests. | Bloomberg Talks
Posted
June 24, 2024
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131
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June 24, 2024
131
2
1.53%
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9:40Now PlayingThe results of the Federal Reserve’s stress test Wednesday are likely to show that US banks are in “very, very good shape,” Keefe, Bruyette & Woods Chief Executive Officer Tom Michaud said Monday in a Bloomberg Surveillance Television interview. The banking industry is “very well capitalized” given the challenges it’s had, he said, with only a few regional banks trailing behind due to high commercial real estate exposure
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