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TheFinance.sg

Posted on May 7, 2009 - by Mandy Ong

The who’s who list of the stress test due tonight

Market Review and Trends
Photo by The Consumerist

Photo by The Consumerist

Bank of America   -  Judged to need roughly $34.0 Billion in additional capital
Wells Fargo  –  Judged to need roughly $15.0 Billion in additional capital
GMAC  -  Judged to need roughly $11.5 Billion in additional capital
Citigroup  -  Judged to need roughly  $5.0 Billion in additional capital
Morgan Stanley  -  May need to raise between $1 to $2 Bln in additional capital
Goldman  -  Judged not to need to raise additional capital
MetLife  -  Judged not to need to raise additional capital
JPMorgan Chase  -  Judged not to need to raise additional capital
Bank of NY Mellon  -  Judged not to need to raise additional capital
American Express  -  Judged not to need to raise additional capital

TOTAL 65.5 billion required. (And the market rallied last night on the good news that its not as much as expected?!)

Source: TheMidnightStar


Related posts:

  1. What exactly is this Bank Stress Testing?
  2. What can we expect from the stress tests of 19 US banks?
  3. Test @4.20pm
This entry was posted on Thursday, May 7th, 2009 at 9:12 pm and is filed under Market Review and Trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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