Of the 34 banks that were required to undergo the most recent stress tests, Ally Financial Inc (ALLY.N) and KeyCorp (KEY.N) were the only two lenders to show common equity Tier 1 capital ratios below 7 percent.
Even with the hypothetical declines, capital levels at the banks would still be much higher than they were following the 2008 financial crisis, when Tier 1 capital ratios for the firms fell to about 5.5 percent at the end of that year.
The "severely adverse" scenario showed $100 billion in projected losses from credit card loans for the banks.
America's biggest banks breezed through the first phase of the annual test.
However, even with the losses in that scenario, the banks' aggregate level of high-quality capital would still cover 9.2 percent of their risk-weighted assets, according to the Fed.
Spanish state prosecutor accuses Jose Mourinho of tax fraud
Centre-half Victor Lindelof has already been checked off that list, while a deal for Real Madrid's Alvaro Morata is close. Mourinho left Real Madrid in 2013 to manage English club Chelsea for a second spell before signing with United in 2016.
Regulatory advocate Marcus Stanley says these stress tests have created a banking system less susceptible to crisis but, "If these stress tests are weakened in the future, they are going to become significantly less reliable".
US financial regulators and lawmakers who appeared at a congressional hearing on Thursday generally agreed that the Volcker rule, which restricts banks' ability to make bets with their own money, needs to be reconsidered.
Banks will get the chance to revise their capital plans before next week's results are released.
In the first round, under the tests' hypothetical "severely adverse" scenario, the USA would endure a catastrophic recession in which unemployment - now at 4.3 percent - reached at least 10 percent, home prices dropped 25 percent, the stock market plunged about 40 percent and market volatility rose sharply. Bank executives and many investors hope the Fed will allow lenders to put a lot more capital toward stock buybacks and dividends.
President Trump has vowed to scrap many regulations on banks, particularly those that he says have suppressed lending.
UCLA Basketball's Lonzo Ball selected 2nd by the Los Angeles Lakers
The plaza outside Barclays Center is decorated in green and blue - as in Celtics green and 76ers blue. It marks the fourth straight year the Blue Devils have produced a top-three pick.
Each year, regulators tweak the exam to keep banks on their toes. Shareholders of the fourth-largest US bank have been clamouring for management to buy back more of its stock, which is trading below what its assets are worth.
Banks that decide to resubmit their plans can only make downward revisions to the amount of capital they plan to use, meaning management teams that were too conservative may regret their submissions even if they pass. With the Dodd-Frank results in hand, now banks have the option of revising their capital plans before CCAR is released.
Fed Governor Powell said recently that regulators will share more information with the industry during next year's exams after bankers complained the process was too opaque.
CIT was added this year to the banks tested by the Fed.
Saudi Navy Captures Elite Iranian Troops On Seized Boat
The official confirmed the three small boats, bearing red and white flags, entered the Saudi territorial waters in the Gulf. Iran said it was investigating the Saturday shooting, after two fishing boats may have strayed into Saudi waters.