U.S. bank sector ‘remains sound and resilient,’ council of top regulators says after Friday meeting

U.S. bank sector ‘remains sound and resilient,’ council of top regulators says after Friday meeting

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The Financial Stability Oversight Council said that “while some institutions have come under stress, the U.S. banking system remains sound and resilient,” in a Friday statement. Treasury Secretary Janet Yellen convened the meeting of the nation’s top financial regulators to discuss recent stresses…

#treasury #janetyellen #newyorkfed #kre #xlf #spx

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