May 27th, 2009 - Reuters

NEW YORK (Reuters) - Bank of America Corp (BAC.N) and PNC Financial Services Group Inc (PNC.N) said on Wednesday that they have taken big steps toward plugging capital shortfalls identified by U.S. government regulators.
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Fed makes banks' capital raising tougher - WSJ
May 28th, 2009 - Reuters
May 28 (Reuters) - The Federal Reserve is setting tightlimits on the amount of future revenue big banks can use to fillthe capital holes found in the government's stress tests earlierthis month...
Bank Of America Closes In On $33.9B Capital Target
May 27th, 2009 - Wall Street Journal
(Update includes additional detail about share conversion in fifth, sixth and seventh paragraphs.) NEW YORK--(Dow Jones)--Bank of America Corp. (BAC) is within striking distance of raising the $33.
Bank Of America Closes In On $33.9 Billion Capital Target
May 27th, 2009 - CNNMoney
(Update includes additional detail and background throughout.) Of DOW JONES NEWSWIRES NEW YORK---(Dow Jones)- Bank of America Corp. (BAC) is within strikingdistance of raising the $33.9 billion in common equity it needs following theU.S...
BofA raises $13.5B in stock sale
May 20th, 2009 - bizjournals
Bank of America Corp., the second-largest bank in St. Louis, has raised $13.47 billion in a sale of common stock. The Charlotte, N.C.-based bank issued 1.25 billion shares at an average price of $10.
Bank of America says it raised $13.5 billion via stock sales
May 20th, 2009 - Los Angeles Times
Bank of America Corp. is making progress filling the capital hole on its balance sheet. The bank said Tuesday that it had raised $13.5 billion since May 8 by selling new shares to investors. After conducting "stress tests" of 19 major banks...



