Big banks file plans to raise capital
The Federal Reserve says all 10 of the banks that had to submit plans to come up with cash have done so.
WASHINGTON (Reuters) -- All 10 of the largest U.S. banks under orders to raise additional capital as a buffer against further economic shocks have submitted plans to do so, the Federal Reserve said on Monday.
"As supervisors, we will be working with the institutions to ensure their plans are implemented quickly and effectively," the Fed said in a short statement. ![]()
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