Copying and distributing are prohibited without permission of the publisher.

Watermark

Banks May Need More Capital In 2009

07 Jan 2009

U.S. banks may need to raise fresh capital this yet as they face a sharp increase in downgrades on mortgage-related securities ratings that will put greater stress on their capital, according to Meredith Whitney, an analyst at Oppenheimer.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
07 Jan 2009