Stress tests might lead to $500 million in fees

05/12/2009 | Financial Times (free content) · Wall Street Journal, The

During the first quarter of this year, underwriting fees reached a record low, but bankers are expecting a spike after the government's stress tests of the nation's 19 largest banks. Financial institutions are poised to earn in excess of $500 million for helping banks raise capital to make up for shortfalls found through the tests and to repay the government for funds received through the Troubled Asset Relief Program.

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Financial Times (free content) · Wall Street Journal, The

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