BUSINESS

US To Unveil Bank Stress-Test Results May 4

05/17/2009 05:12 am ET | Updated May 25, 2011

The results of tests to gauge how the top 19 U.S. banks would fare should the deep U.S. recession worsen will be publicly disclosed on May 4, a regulatory official said on Thursday.

The so-called stress test results will include a capital recovery plan for banks that regulators determine would be short of capital if the economy's downturn gathered steam and unemployment shot unexpectedly higher, the official said.

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