Results of the federal government's "stress tests" of the nation's largest regional banks show Cleveland-based KeyCorp needs to raise $1.8 billion in new capital to withstand losses if the recession gets worse.
KeyCorp posts wider 3Q loss
Banking company KeyCorp says its loss widened considerably in the third quarter as it set aside more money for possible loan losses as borrowers are having a tough time repaying debts amid...
Wells Fargo asked to raise money after stress test
Regulators are asking Wells Fargo & Co. to raise more capital after government "stress tests" showed the bank would have trouble surviving if the recession worsens.
China: The Coming Costs of a Superbubble
China may seem to have defied the recession and the laws of economics. It hasn't. When China's bubble bursts, the global impact will be severe, spiking US interest rates.
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