US Banks Need More Capital
Saturday, May 9, 2009
A “Stress Tests” have been conducted by the US Federal Reserve. According to that following ten major banks are in need of new capital to boost reserves against losses.
- Bank of America -- 33.90 US$ billions
- Wells Fargo –----- 13.70 US$ billions
- GMAC –---------- 11.50 US$ billions
- Citigroup –-------- 5.50 US$ billions
- Regions Financial – 2.50 US$ billions
- Sun Trust –------- 2.200 US$ billions
- Key Corp –-------- 1.80 US$ billions
- Morgan Stanly –--- 1.80 US$ billions
- Fifth Third –------ 1.10 US$ billions
- PNC –------------- 0.60 US$ billions
Labels: Economy and Business
posted @ 9:27 AM,
0 Comments:
Post a Comment