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: Calculated RiskReport: Wells Fargo Needs $15 Billion in Capital
By Anonymous
Wells Fargo & Co., the fourth-largest U.S. bank by assets, requires about $15 billion in new capital as a result of regulators? stress test on the lender ...The leaks just keep coming ...JPMorgan Chase & Co. doesn?t need to raise its capital, people with knowledge of its results said, while Goldman Sachs Group Inc. and Bank of New York Mellon Corp. have taken actions that suggest they also passed their reviews.
Full post as published by Calculated Risk on May 06, 2009 (boomark / email).
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