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Thursday, May 7, 2009

Bank Stress Test Results

AT A GLANCE: Stress Tests Show 10 Banks Must Raise $75 Billion
"...The following institutions were directed to raise capital:

* Bank of America Corp. (BAC) $33.9 billion
* Wells Fargo & Co. (WFC) $13.7 billion
* GMAC LLC $11.1 billion
* Citigroup Inc. (C) $5.5 billion
* Regions Financial Corp. (RF) $2.5 billion
* SunTrust Banks Inc.(STI) $2.2 billion
* KeyCorp (KEY) $1.8 billion
* Morgan Stanley (MS) $1.8 billion
* Fifth Third Bancorp (FITB) $1.1 billion
* PNC Financial Services (PNC) $600 million..."

Reference: money.cnn.com

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