(Updates first and eighth paragraphs to reflect larger size of Morgan Stanley offering.) By Lynn Cowan Of DOW JONES NEWSWIRES Wells Fargo &...
(Updates with new 11th paragraph to reflect size and timing of Bank of America offering.) By Lynn Cowan Of DOW JONES NEWSWIRES Wells Fargo &...
By Lynn Cowan Of DOW JONES NEWSWIRES Wells Fargo & Co. (WFC) and Morgan Stanley (MS) sold a total of $11 billion in stock Friday morning, each...
THE EVENT: The Treasury Department is directing 10 of the nation's 19 biggest banks to boost their capital levels by a combined $75 billion, as a...
The biggest U.S. financial institutions received their marching orders from the government Thursday, and their chief executives wasted no time...
Ten of the 19 largest U.S. financial institutions will be required to raise a combined $75 billion in capital, as the U.S. government for the...
Ten banks were told by the Federal Reserve to come up with $75 billion in fresh capital, most of which coming from three of them. Bank of America...
Some of the largest U.S. financial institutions announced plans Thursday to raise cash to meet the requirements of the U.S. government's stress...
MetLife Inc. (MET), according to preliminary reports, passed the government's stress test with flying colors despite an expansion in mortgage...
THE EVENT: The Federal Reserve is directing at least six of the nation's 19 top banks to boost their capital levels by $65 billion. The official...
THE EVENT: The Federal Reserve is directing at least seven of the nation's 19 top banks to boost their capital levels by $65 billion. The official...
GMAC LLC faces a difficult headwind as it seeks to bolster its capital. The auto lender will lose $2.75 billion through 2010, including $1.49...
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