Tuesday 02, June 2009 by

Bank of America raises $26 billion in capital

Bank of America said it has raised almost $26 billion in its capital plan since the stress test results were announced and is well on its way to reaching the $33.9 billion indicated Supervisory Capital Assessment Program (SCAP) buffer set by the Federal Reserve.

Features & Analyses

Consumer Banking Preserving excellence

Speaking exclusively to Nabilah Annuar, Editor, Banker Middle East, Mubarak Abdullah Al-Khafrah, Chairman of Alawwal Bank discusses… read more