In case you missed which banks are probably undergoing “the stress test”, here is the list.
This list was complied by Paul Kiel at ProPublica and consists of the banks that he thinks is likely to undergo the tests.
Name and Total Assets in Billions
1. JPMorgan Chase – $2,175
2. Citigroup -$1,947
3. Bank of America (1) – $1,822
4. Wells Fargo – $1,310
5. Goldman Sachs – $885
6. Morgan Stanley – $659
7. MetLife – $502
8. PNC Financial Services – $291
9. U.S. Bancorp – $267
10. Bank of New York Mellon – $ 238
11. GMAC – $189
12. SunTrust – $189
13. State Street – $177
14. Capital One Financial Corp. – $166
15. BB&T – $152
16. Regions Financial Corp. – $146
17. American Express – $126
18. Fifth Third Bancorp – $120
19. KeyCorp – $105
(1) Note: Data as of Q4 2008. Merrill is not included in the BofA asset numbers. IF added, BofA would have almost $2.5 trillion in assets (ht Evan). ” [direct quote]
Imagine if all the 19 banks failed the test.
I wonder….
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