But their prisoners? Can they endure a severe recession?
" According to the Federal Reserve's annual stress test on the banking system, all 31 major U.S. banks could endure a severe recession. However, new claims by JPMorgan Chase are undermining the certainty of those results. The bank says that in the Fed's hypothetical scenario — which imagines a world with 10% unemployment and steep drops in property values — its losses would be greater than what the regulator concluded. Per CNBC, banks have complained about opacity in the stress test process, and Bank of America and Citigroup issued similar corrections to the Fed's results last year. "