Stress Test: Major Banks Ordered to Boost Capital Reserves
Feds urge some major banks to boost capital reserves
Officials are pressuring some of the 19 stress-tested U.S. banks to increase their capital reserves, sources say. The pressure comes as the government strives to improve the public image of the banking sector and as regulators aim to repair the balance sheets of the banks. Analysts say the banks in need of capital are probably regional banks with exposure to problematic commercial real estate.. The Wall Street Journal
Officials are pressuring some of the 19 stress-tested U.S. banks to increase their capital reserves, sources say. The pressure comes as the government strives to improve the public image of the banking sector and as regulators aim to repair the balance sheets of the banks. Analysts say the banks in need of capital are probably regional banks with exposure to problematic commercial real estate.. The Wall Street Journal
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