The results of the Dodd-Frank stress tests came out last night, and shockingly, Ally Financial was the only bank to receive a failing grade. Are these new banking stress tests too easy?
In this video, Motley Fool financials analysts Matt Koppenheffer and David Hanson tell us why all eyes were on Bank of America (NYSE:BAC) and Citigroup (NYSE:C), how those two banks performed, and why passing grades all around is good news.
David Hanson owns shares of Goldman Sachs. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.