d****a
发帖数: 2901 | 1 Futures Plunge As Fed Discloses New Stress Test: Fears US Banks Will Need To
Raise Tens Of Billions In New Capital
Submitted by Tyler Durden on 11/22/2011 16:20 -0500
Bank of America Bank of America Capital Positions Citigroup Federal Reserve
Goldman Sachs goldman sachs International Monetary Fund JPMorgan Chase
Morgan Stanley Reuters Stress Test Wells Fargo
It appears that the key news of the day was not the fluff about the IMF
which as we said was total non-news, but adverse news from the Fed which
just announced that it is launching its 2012 bank stess test which unlike
previous iterations may actually demand capital raises from US banks.
Reuters reports: "The U.S. Federal Reserve plans to stress test six large U.
S. banks against a hypothetical market shock, including a deterioration of
the European debt crisis. The Fed said it will publish the results
next year of the tests for six banks with large trading operations. Those
banks are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan
Stanley and Wells Fargo. The Fed said its global market shock test for those
banks will be generally based on price and rate movements that occurred in
the second half of 2008, and also on "additional stresses related to the
ongoing situation in Europe." The heightened stress test for those six banks
are part of a larger supervisory test the Fed will conduct on 19 firms'
capital plans. The Fed's review of those plans will determine whether the
banks can raise dividends or repurchase stock. The banks must submit their
capital plans by Jan. 19, 2012." Incidentally, this is a clever way for the
Fed to wrap up all the loose ends regarding European exposure: considering
each and every day news appears about one bank or another having excess
exposure to Europe, it stock punished, this may be the best comprehensive
package. The problem is that next steps will certainly involve tens of
billions in capital raises demanded of the above six banks (and probably
Jefferies) by the Fed. Not surprisingly, ES has collapsed on the news to
just over 1180. | d******4
发帖数: 3451 | 2 那就跌到08的水平吧，C 99c
BAC 3.5 | s**r
发帖数: 1660 | | m******0
发帖数: 410 | 4 same thing happened to Greek banks this year twice.
Stock price went up a lot after stress test for 1 or 2 days. | U********f
发帖数: 2482 | 5 Stress testing最后的结果肯定是都通过了 | r*m
发帖数: 16380 | 6 我觉得长期讲是好事。
做最坏的打算，保证在最坏的情况下至少能生存，难道我们个人炒股不也是如此么？ |
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