The Federal Reserve said Wednesday that US operations of Germany's Deutsche Bank and Spain's Santander had failed an annual stress test, pointing to weaknesses in capital planning and risk management.
The Fed granted a conditional approval to Morgan Stanley to return funds to shareholders, while delivering a full endorsement to 30 other large financial institutions on their capital distribution plans.
GMT 14:30 2017 Thursday ,27 AprilTwo US troops killed fighting IS in Afghanistan
GMT 14:28 2017 Thursday ,27 AprilKenya opposition names Raila Odinga as presidential candidate
GMT 13:18 2017 Thursday ,27 AprilKremlin urges restraint after alleged Israeli strikes on Syria
GMT 12:58 2017 Thursday ,27 AprilEurozone recovery 'increasingly solid'
GMT 12:32 2017 Thursday ,27 AprilRussian navy ship sinks, crew rescued: Turkish coastguard
GMT 12:31 2017 Thursday ,27 AprilTurkey's AKP to hold extraordinary congress May 21
GMT 12:13 2017 Thursday ,27 AprilGerman inflation shoots up to 2.0% in April
GMT 12:11 2017 Thursday ,27 AprilRussian navy ship damaged in collision off Turkish coast