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The department said the institutions, which were not have met the requiremente for repayment established by federalbankinf supervisors. It noted that many bankse recently have raised equity capital from private investorsa and haveissued long-terjm debt that is not guaranteed by the government. “These repayments are an encouraginy sign offinancial repair, but we still have work to do,” Treasury Secretary Tim Geithner Some media reports listed one or two banks. The Wall Streety Journal reported the list of financial institutions willincludr (NYSE: JPM), (NYSE: AXP), (NYSE: BK), COF) and (NYSE: GS).
More than 600 banka received a total ofnearly $200 billion through the department’x Capital Purchase Program. About $2 billionh of this money was paidback previously. Some bankz have been raising funds afte the stress tests revealed they needed toboost reserves, including some Dayton-area The in early May released the resultds from its stress test. The regulatory testsd were designed to project howthe country’sx 19 largest banks would perform under a variety of economixc scenarios by the end of 2010. • • -- $33.9 billion • . -- No need • The • -- $5.5 billion • -- $1.1 billion • -- $11.5 billion • • -- $1.
8 billion •
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