May 7th, 2009 - Reuters
Citigroup Inc (C.N) and Bank of America Corp (BAC.N) shares rallied inpremarket trading ahead of the release of "stress test" results that will forcethem and other top banks to raise tens of billions of dollars in capital. The results of government stress tests of the ability of the 19 largestU.
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Fifth Third, bank stocks soar after stress tests
May 8th, 2009 - bizjournals
Some bank stocks with Central Ohio operations soared in Friday trading following the Thursday evening release of better-than-expected stress test results from the Federal Reserve. Shares of Cincinnati-based Fifth Third Bancorp (NASDAQ:FITB)...
US Stocks Rally;Investors Bet Worst Is Over For Banks, Economy
May 8th, 2009 - Wall Street Journal
NEW YORK (Dow Jones)--Not even a $75 billion shortfall in bank capital and half a million job losses can deter stock buyers when the whiff of economic recovery is in the air. Investors have detected an inflection point for the economy...
Global Stocks Rally on Stress Test Results, Improvement in Jobs
May 8th, 2009 - Bloomberg
May 8 (Bloomberg) -- Stocks rallied around the world asFederal Reserve Chairman Ben S. Bernanke said a review of banks’health “should provide considerable comfort”...
A bullish Ken Lewis questions stress-test results
May 8th, 2009 - MarketWatch
NEW YORK (MarketWatch) -- Ken Lewis, chief executive of Bank of America Corp., on Friday called the government's stress-test results "pretty aggressive" but said the financial-services giant will comply and raise the required $33.
US Bank Stress Test Results Delayed as Conclusions Debated
Apr 30th, 2009 - Bloomberg
May 1 (Bloomberg) -- The Federal Reserve is postponing therelease of stress tests on the biggest U.S. banks whileexecutives debate preliminary findings with examiners,according to government and industry officials. The results...
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