Ten Banks Expected to Need Capital Post Stress Tests, Probably Including Yours

by Benjamin Domenech on 12:15 am May 5, 2009

Ten out of nineteen banks that underwent government stress tests are expected to be directed to raise capital, according to the WSJ. “The exact number of banks affected remains under discussion. It could include Wells Fargo & Co., Bank of America, Citigroup Inc. and several regional banks.” A larger number makes the prospect less daunting.

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