Stress Test Results: Banks Need 75 Bill

WASHINGTON (Reuters) – U.S. regulators told top banks on Thursday to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest recession in decades.

Source – Reuters.com

May 7 = Results of Bank Stress Tests

May 1 (Reuters) – Results from stress tests into the health of the largest 19 U.S. banks are expected to be released late in the afternoon on Thursday, May 7, a government source said on Friday. The results of the examination will include information at both the aggregate and specific bank holding company levels and [...]

Stress Test – BOA and Citigroup Need More Capital

WSJ just published an article stating that “Regulators have told Bank of America Corp. and Citigroup Inc. that the banks may need to raise more capital based on early results of the government’s so-called stress tests of lenders, according to people familiar with the situation.
The capital shortfall amounts to billions of dollars at Bank of [...]