Thursday, May 7, 2009

Bank Stress Test Results

NEW YORK -(Dow Jones)- After the results of the Treasury Department's stress test of the U.S.'s largest banks are released Thursday evening, the market will begin to guess what the results mean for the smaller banks that weren't tested.

Seven of 19 largest banks will need to raise at last $65 billion more capital, according to reporting by The Wall Street Journal. Read more here: CNN Money.com