US bank may need $34b more
China Daily | Updated: 2009-05-07 08:04
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(Left): A man delivers flowers to a Bank of America Corp branch in Charlotte, North Carolina. Bloomberg News (Right): A woman walks past a China Construction Bank Corp branch in Shanghai. Bloomberg News |
Bank of America (BofA) has been deemed to need as much as $34 billion in additional capital, according to the results of a government stress test, a source familiar with the results told Reuters late on Tuesday.
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