US banking regulators released results of the stress tests on the 19 biggest American financial institutions, saying which banks need additional capital to survive a worsening of the economy. Here’s a rundown of the results: Capital Needs of Big U.S. Banks (in alphabetical order)

• American Express — None

• Bank of America — $33.9 Billion

• Bank of New York — None

• BB&T — None

• Capital One Financial — None

• Citigroup — $5.5 Billion

• Fifth Third — $1.1 billion

• GMAC — $11.5 Billion

• Goldman Sachs — None

• JPMorgan Chase — None

• KeyCorp — $1.8 billion

• MetLife — None

• Morgan Stanley — $1.8 Billion

• PNC Financial — $0.6 Billion

• Regions Financial — $2.5 billion

• State Street — None

• SunTrust Banks — $2.2 billion

• U.S. Bancorp — None

• Wells Fargo — $13.7 Billion

In an opinion piece published in The New York Times entitled, Geitner: How We Tested The Banks, Treasury Secretary Timothy F. Geithner defends the government’s decision to stress-test 19 of the nation’s banks. Acknowledging that some regarded the tests as “punitive,” Mr. Geithner argues that the goal of testing the banks was to “replace uncertainty with transparency.”

Tags: Bank Stress Test Results

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