US Banks Are Crashing

by Tyler Durden

“Fortress balance sheets”?

The Brexit contagion is spreading as USD liquidity and counterparty risk in the interconnected global financial system has reached US banks with Goldman at 3 year lows and BofA and Citi plunging over 12%. This happens just two days after the Fed released its latest stress test results finding that none of the 33 banks tested would need additional capital in case of a “severe” financial crisis. That conclusion may be tested soon.

BofA and Citri are ugly:

20160627)usbanks1_0[More…]

 


Facebooktwittergoogle_plusredditpinterestlinkedinmail
Switch to mobile version
WP Twitter Auto Publish Powered By : XYZScripts.com