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China Bank
Latest Headlines
Latest Headlines
Bank of America nearing the finish line
The latest from Bank of America is that it has raised $33 billion since the start of the month, virtually satisfying its stress test requirement to raise $33.9 billion.
The Financial Times tallies their capital raising efforts: $13.5 billion from the sale of common stock, $4 billion from t
Can top banks sell assets in time?
The Treasury made clear this week that some banks, in an effort to build capital, will be expected to sell off assets, spin off assets or enter more joint ventures. But that's easier said than done. Buyers are already scarce; those that remain are all too aware which banks are being motivated by s
