ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Bailout Blogs -> Calculated Risk

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Bailout

: Calculated Risk

More Stress Test Leaks: Morgan Stanley, JPMorgan, AmEx all Pass

By Anonymous

ADVERTISEMENTS
From MarketWatch: Morgan Stanley doesn't need more capital: report

From WSJ: J.P. Morgan, American Express Won't Need New Capital

[F]ederal banking regulators have informed Regions Financial Corp., a regional bank based in Birmingham, Ala., that it needs to raise new capital, according to a person familiar with the matter.

A spokesman at Regions declined to comment Wednesday. The size of the cushion that regulators told bank executives they need to protect Regions from potential losses wasn't immediately clear.

From Bloomberg: Bank of America, Citigroup, Wells Fargo, GMAC Need More Capital

Here is a scorecard by asset size (let me know if you hear of any other leaks - we will know it all tomorrow!):

NameTotal Assets (Billions)Stress Test Results
1. Bank of America2,500Needs $34 billion
2. JPMorgan Chase2,175Pass
3. Citigroup1,947Needs $10 $5 billion
4. Wells Fargo1,310Needs $15 billion
5. Goldman Sachs885Pass
6. Morgan Stanley659Pass
7. MetLife502Pass
8. PNC Financial Services291???
9. U.S. Bancorp267???
10. Bank of New York Mellon238Pass
11. GMAC189Needs $11.5 billion
12. SunTrust189???
13. State Street177???
14. Capital One Financial Corp.166???
15. BB&T152???
16. Regions Financial Corp.146Needs $$$
17. American Express126Pass
18. Fifth Third Bancorp120Needs $3.3 billion (1)
19. KeyCorp105Needs $3.3 billion (1)

(1) Citi estimate. (ht Turbo)


Full post as published by Calculated Risk on May 06, 2009 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

Lawsuits and Settlements

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0129 secs (new cache)