Posted on May 7, 2009 - by Mandy Ong
The who’s who list of the stress test due tonight
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
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