
The Federal Reserve on Thursday said a prolonged economic downturn could saddle the nations biggest banks with up to $700 billion in losses on soured loans and ordered them to cap dividends and suspe… [+330 chars]

The Federal Reserve on Thursday said a prolonged economic downturn could saddle the nations biggest banks with up to $700 billion in losses on soured loans and ordered them to cap dividends and suspe… [+330 chars]