Stress Tests: No Surprises

The Federal Reserve announced the long-awaited results of the bank stress tests offering few surprises as most of the report was leaked throughout this past week. Under the Fed's analysis, in the worst case scenario, banks could face up to $600 billion in further losses through 2010. Ten of the total 19 institutions will be required to raise a total of $74.6 billion to shore up their balance sheets.

American Express	Pass	KeyCorp	$1.8B
Bank of America	$33.9B	MetLife	Pass
BB&T	Pass	Morgan Stanley	$1.8B
Bank of New York Mellon	Pass	PNC Financial	$0.6B
Capital One	Pass	Regions Financial	$2.5B
Citigroup	$5.5B	State Street	Pass
Fifth Third Bancorp	$1.1B	SunTrust Banks	$2.2B
GMAC	$11.5B	US Bancorp	Pass
Goldman Sachs	Pass	Wells Fargo	$13.7B
JP Morgan	Pass