Home » Posts tagged with » stress test

BofA, Citigroup need more capital after stress test

WASHINGTON (AP) – Citigroup Inc. and Bank of America Corp. will need to raise more capital if they can’t convince regulators that “stress test” results were mistaken, according to two people familiar with the matter.The banks are hard at work preparing their appeals, said the people, who spoke on condition of anonymity because everyone involved… Continue Reading BofA, Citigroup need more capital after stress test