Bloomberg Daybreak: US Edition cover image

Bloomberg Daybreak Weekend: Stress Tests, PBOC, Sintra

Bloomberg Daybreak: US Edition

00:00

The History of the Stress Tests

Bloomberg Wall Street reporter Shinali Basik joins Tom Busby to talk about the nation's banks. He says stress tests were set up after the 2008 financial crisis as a way for regulators to test the health of the financial system. This year has been an interesting one because three major banks in the U.S. failed, and they ended up failing for reasons different than what was in the stress test themselves.

Play episode from 02:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app