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HU3 - Huntington Bancshares Inc News Story

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Last Trade - 18/09/20

Sector
Financials
Size
Large Cap
Market Cap £7.68bn
Enterprise Value £15.63bn
Revenue £3.60bn
Position in Universe 117th / 1039

Federal Reserve announces post-stress test capital ratios for large banks

Mon 10th August, 2020 2:15pm
WASHINGTON, Aug 10 (Reuters) - The U.S. Federal Reserve
announced Monday how much each large bank that underwent its
2020 stress tests will have to hold in additional capital.
    The results mark the first time the Fed has given out custom
capital requirements for each bank under its new "stress capital
buffer," and takes effect on October 1. Goldman Sachs  GS.N  and
Morgan Stanley  MS.N  were ordered to hold the most capital of
the 34 firms tested, with ratios of 13.7% and 13.4%
respectively.  urn:newsml:reuters.com:*:nL1N2E22BO

 (Reporting by Pete Schroeder
Editing by Chizu Nomiyama)
 ((Pete.Schroeder@thomsonreuters.com; 202-310-5485;))
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