Reuters: Ambac needs more than $1.5 bln capital raise - analysts

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Ambac needs more than $1.5 bln capital raise - analysts
      

(Reuters) - Hard-hit bond insurer Ambac Financial Group's  plans to raise at least $1.5 billion in new capital are not enough to fix its capital adequacy problem, analysts at Goldman Sachs and J.P. Morgan Securities said.
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