BUSINESS

Wells Fargo, Morgan Stanley Find Ready Investors Following Stress Tests

06/08/2009 05:12 am ET | Updated May 25, 2011

A day after federal regulators ordered 10 of the nation's biggest banks to raise a total of $75 billion in extra capital, the first of them, Wells Fargo and Morgan Stanley, each tapped the markets for billions of dollars on Friday to provide a capital arsenal to satisfy the regulators' concerns.

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