Goldman Sachs
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Stress Tests End; Raising Money Begins
May 07, 2009The wait is over. Stress test results reveal nine of the nation’s 19 largest banks successfully endured the government’s testing and will not require any additional capital, while the other 10 banks must boost capital levels by a collective total of $74.6bn, in order to comply with government standards, said the Federal Reserve this afternoon. Bank of America [stock BAC][/stock] stands the front-runner, requiring $33.9bn in fresh capital, followed by Wells Fargo [stock WFC][/stock] who must raise $13.7bn in new capital.
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Result Leaks Show Capital Split Between Banks
May 07, 2009 -
Morgan Stanley Misses; Real Estate Hurts
Apr 22, 2009 -
Banks Shun Third-Party Bond Broker for Internal Network
Apr 21, 2009 -
Next Up: Bank Bailout Equity Investments?
Apr 20, 2009 -
JPMorgan Chase Beats Street; Mortgages Still a Problem
Apr 16, 2009 -
Bank Details may be Officially Released
Apr 15, 2009 -
UBS Expects Loss, Head Count Reduction
Apr 15, 2009 -
Questioning Goldman
Apr 14, 2009 -
Goldman Posts Q109 Profit, Plans TARP Repayment
Apr 13, 2009 -
Fed Orders Banks Mum on Stress Tests: Report
Apr 10, 2009 -
ACORN and understanding reality
Apr 10, 2009
