KM Financial Solutions | UPDATE 2-Deutsche Bank fails Fed stress test while 3 U.S. lenders stumble
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UPDATE 2-Deutsche Bank fails Fed stress test while 3 U.S. lenders stumble

UPDATE 2-Deutsche Bank fails Fed stress test while 3 U.S. lenders stumble

WASHINGTON/NEW YORK, June 28 (Reuters) – Deutsche Bank AG’s
U.S. subsidiary failed on Thursday the second part of
the U.S. Federal Reserve’s annual stress tests due to
“widespread and critical deficiencies” in the bank’s capital
planning controls.

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