Fed stress test: JP Morgan would bear brunt of losses

Dealer’s giant loan portfolio hit the hardest among 23 participating banks

JP Morgan’s loan portfolio would be hit the hardest under a severe recession, according to the results of this year’s Federal Reserve Dodd-Frank Act Stress Test. Bank of America, Wells Fargo and Citi would be the next worst hit.

JPM’s losses as projected under the DFAST’s severely adverse scenario, which saw real US GDP drop as much as 4% below end-2020 levels and unemployment peak at 10.75%, would amount to $84 billion, representing 17.7% of total losses across the 23 banks subject to the test

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: