UPDATE 1-Largest U.S. banks clear first hurdle in Fed's toughest annual stress tests
June 21, 2018 at 16:54 PM EDT
WASHINGTON, June 21 (Reuters) - The 35 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday.