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Financial Services Forum Statement on 2020 Stress Tests

Financial Services Forum President and CEO Kevin Fromer issued the following statement today in response to the Federal Reserve Board’s 2020 Comprehensive Capital Analysis and Review (CCAR) results.

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United in Building a Fair & Just America

The Forum and our member institutions universally share the conviction that injustices against Black Americans must end and that all forms of racism and discrimination are unacceptable in our society.

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Financial Services Forum CEO Says Large Financial Institutions Are Using ‘Strength to Support the Economy’ During Global Health Pandemic

"There is still $100 billion left in PPP right now and the program has performed as Congress intended.”

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Financial Services Forum @fsforum·

Jul 10th, 2020

As part of their ongoing commitment to advance racial equality, @BofA has joined forces with @iHeartMedia as founding partner of the @BlackInfoNet. Learn more about the first-of-its-kind audio service tailored to meet the needs of Black communities.

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Financial Services Forum @fsforum·

Jul 10th, 2020

Click here to learn how @WellsFargo is donating its #PPP net profits.

Helping entrepreneurs stay ‘Open for Business’ - Wells Fargo Stories

Wells Fargo is donating about $400 million in Paycheck Protection Program processing fees to support small businesses owners hit hardest by COVID-19.

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Financial Services Forum Statement on 2020 Stress Tests

United in Building a Fair & Just America

Financial Services Forum CEO Says Large Financial Institutions Are Using ‘Strength to Support the Economy’ During Global Health Pandemic

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