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Reuters: Banks may need to raise fresh capital in '09: Whitney

Started by chris, January 07, 2009, 09:59:57 AM

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chris

Banks may need to raise fresh capital in '09: Whitney
      


(Reuters) - U.S. banks will have to raise fresh capital in 2009, and a sharp increase in credit-rating downgrades on mortgage-related securities will lead to further stresses on the companies' capital, according to prominent banking analyst Meredith Whitney.<div class="feedflare">
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