Charlotte's two most prominent banks passed the Federal Reserve's first round of 2018 Dodd-Frank Act stress tests this week.
Bank of America Corp. (NYSE: BAC) and Wells Fargo & Co. (NYSE: WFC) were among 35 of the country's largest banks to show they could weather a "severely adverse" economic meltdown, similar to that in the 2008-09 recession. Results of the Fed's Comprehensive Capital Analysis and Review will be released Thursday.
"Stress tests help ensure that banks have adequate capital to…
