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All big US banks but one pass stress tests

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The one US-based institution that did not pass unconditionally was Morgan Stanley,which has been struggling since the 2008 crisis.

New York

ALL but one of the US's largest banks earned an unconditional passing grade from federal regulators on their annual stress tests, which measure their preparedness to weather a financial crisis.

The one US-based institution that did not pass unconditionally was Morgan

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