Bank Stress Test Results Due

338 views · Published 7 May 2009 · 1:46 · Indexed 20 September 2026

Channel: Voice of America · 2009 · News & Politics

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Leaked results of the government's stress tests on major U.S. banks shows some financial institutions may need to bolster their cash reserves in case the economy worsens.  The report is expected to be released late Thursday.  Despite unconfirmed reports that at least half of the banks will be asked to raise more capital, investors drove bank stocks higher.

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