Lenders had an upbeat week as every one of the US banks subject to the Fed’s annual stress tests passed without suffering any major dings. This freed JPMorgan Chase, Goldman Sachs, Morgan Stanley and Bank of America,

All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.

The Texas attorney general has accused WEX Bank of "debanking" a firearm supplier, but the Maine-based bank said it does not discriminate against any industry. Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.