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Largest US banks better positioned to weather economic crisis, Fed says stress tests show

( March 20, 2014, 20:00 GMT | Official Statement) -- MLex Summary: The 30 largest US banks are collectively better positioned to continue lending and to meet their financial commitments in the event of a severe economic downturn than they were five years ago, according to stress test results released Thursday by the US Federal Reserve. The results reflect broad improvement in banks' capital positions since the financial crisis, the Fed said. Statement follows in full. See document below....

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