Federal Reserve is holding appeal hearings from banks that need more capital. Some of the money may come from cash injections from the government, sources say. Some regional banks are likely to need additional capital. Bank of America’s CEO faces a shareholder vote Wednesday to decide whether he will be re-elected as the chairman of the board of the bank’s chairman. The second part of the test results are due May 4; banking regulators are mulling over how much of the results will be made public.”]
Source: https://www.cuinfosecurity.com/bank-regulators-seek-capital-for-more-banks-a-1423