FBR

14 Banks May Need Capital When Stress Test Results Release May 7

Treasury and the Fed are finalizing debates with US banks over stress tests that will reveal their capital adequacy when results are announced Thursday, May 7. Up to 14 of the 19 largest US banks—including Goldman, GMAC, MetLife, Fifth Third, and Regions—may need to raise common equity in the event the recession worsens. This according