Report: BofA, Citi told to raise capital
Banks expected to appeal stress tests
By Inman News, Tuesday, April 28, 2009.Results of the government's "stress tests" of the ability of 19 banks that hold more than half of U.S. loans to sustain losses through 2010 won't be made public until the week of May 4, but Citigroup Inc. and Bank of America are reportedly among those that may need to raise more capital.
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