Bank of America, PNC raise equity post-stress tests

May 27th, 2009 - Reuters

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Bank of America, PNC raise equity post-stress tests - 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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