Wednesday, May 06, 2009
BofA Faces $35 Billion Gap
Government Stress Test Finds Capital Cushion Inadequate; New Pressure on Lewis
Regulators have told Bank of America Corp. that the company needs to take steps to address a roughly $35 billion capital shortfall based on results of the government's stress tests, according to people familiar with the situation...
WSJ: BofA Faces $35 Billion Gap (Subscription required)
Regulators have told Bank of America Corp. that the company needs to take steps to address a roughly $35 billion capital shortfall based on results of the government's stress tests, according to people familiar with the situation...
WSJ: BofA Faces $35 Billion Gap (Subscription required)