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Ten US banks need to raise $74.6 bn in capital

Posted on: May 8th 2009 in Press Releases.

US regulators said 10 of the top 19 banks will need to raise a total of USD 74.6 billion in capital over the next six months. The USD 74.6 billion amount was smaller than what some analysts had estimated the results of the bank stress test to be. Bank of America had the largest …

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