A few weeks ago, the Federal Reserve released the results of its annual “stress test” for the major banks operating in the United States. While some banks had glaring issues, several passed after making some adjustments to their initial crisis plans.
But that doesn’t mean that these banks that passed make good, sound investments.
In this podcast, CEO David Trainer will explain why these banks’ passage doesn’t guarantee that they will be as good investments now as they have been in the past.
Listen below:
Photo credit: David Phan