Huffpost Business

10 Of 19 Banks In Stress Tests Will Need Capital

Posted: Updated:

WASHINGTON -- The U.S. is expected to direct about 10 of the 19 banks undergoing government stress tests to boost their capital, according to several people familiar with the matter, a move that officials hope will quell fears about the solvency of the financial sector.

The exact number of banks affected remains under discussion. It could include Wells Fargo & Co., Bank of America, Citigroup Inc. and several regional banks.

Read the whole story at Wall Street Journal

Around the Web

Fed says gov't ready to save stress-tested banks

Fortune's Stanley Bing: I Flunked My Stress Test!