DFAST: JP Morgan accounts for one-fifth of projected losses

- By Alessandro Aimone
- @aimoneale
- 01 Jul 2019

JP Morgan’s mega loan portfolio would see it bear the brunt of losses under a severe recession, according to the results of this year’s Federal Reserve Dodd-Frank Act Stress Test. Fellow universal banks Citi, Bank of America and Wells Fargo were the next worst hit.

Under this year’s DFAST severely adverse scenario, which saw real US GDP contract by –9.4% and unemployment leap to 10%, JP Morgan

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net