Thursday, May 7, 2009

Stress Test (and other) News

Stress Test Articles
There are about 100 of them out there, but I'll keep the list short.

http://www.thenewstribune.com/904/story/734819.html

This article from Businessweek covers most of the banks
http://www.businessweek.com/bwdaily/dnflash/content/may2009/db2009057_833482.htm

Wells Fargo

Wells Fargo hires BofA bankers
http://www.charlotteobserver.com/business/story/710422.html

Wells Fargo to Sell Stock After Regulator Stress Test
http://www.bloomberg.com/apps/news?pid=20601103&sid=aUehtYBVPANw&refer=news

Morgan Stanley

Morgan Stanley to sell $2 bln in new common stock
http://www.marketwatch.com/news/story/morgan-stanley-sell-2-bln/story.aspx?guid=%7B2146B8BA-640C-4920-859F-B13BCDA15F8A%7D&dist=msr_1

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090507006519&newsLang=en

SunTrust

SunTrust, BB&T are opposite
http://www.martinsvillebulletin.com/article.cfm?ID=18817

Stress Test: SunTrust will need $2.2 billion
http://www.bizjournals.com/atlanta/stories/2009/05/04/daily93.html?jst=b_ln_hl

Biggest Ga. bank must add capital
http://www.ajc.com/services/content/printedition/2009/05/08/suntrust0508.html

Bank of America

BofA needs $33.9 billion, eyes stock and asset sales
http://uk.reuters.com/article/companyNews/idUKTRE5468AM20090508

Bank of America’s Lewis Humbled by Vote, Test Results
http://www.bloomberg.com/apps/news?pid=20601103&sid=aBUwezciS7_w&refer=us

Fifth Third

Stress test: Fifth Third needs $1.1 billion
http://www.wtol.com/Global/story.asp?S=10326558

PNC

PNC on bank shortfall list

http://www.post-gazette.com/pg/09128/968649-28.stm

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