The stress test conducted on US banks hints an early sign of economic recovery. Out of 19 banks 10 banks need more capital around $75 billion, which is not bad as estimated. The stress test showed the US banks need less help from the us government, but still it need more money to boost capital, they may open more stocks, sell assets or other methods. The 10 banks have time till June 8 to develop detailed plans and five more months to raise capital privately before government would step in with more bail out money.
The following table shows the list of banks which were undergone stress test in US, the amount of additional capital required by them, the fund already received by them under the Troubled Asset Relief Program (tarp) of US government and their total capital. The banks are listed by the size of their total assets, from largest to smallest.
The following table shows the list of banks which were undergone stress test in US, the amount of additional capital required by them, the fund already received by them under the Troubled Asset Relief Program (tarp) of US government and their total capital. The banks are listed by the size of their total assets, from largest to smallest.
Amt in $billion
