World top bankers warn of dire consequences if U.S. defaults

(Reuters) - Three of the world's most powerful bankers warned of terrible consequences if the United States defaults on its debt, with Deutsche Bank chief executive Anshu Jain claiming default would be "utterly catastrophic."

Banks are falling short in planning for the worst: Federal Reserve

Most large banks appear to have been sailing through the annual "health checkups" they have had to undergo since the financial crisis.