Official stress tests results revealed, contain few surprises

Updated

The results of the stress tests are in and, as expected, 10 of the 19 biggest U.S. financial institutions need to raise capital, including big national banks like Bank of America (BAC), Wells Fargo (WFC) and Citigroup (C) and regional banks such as Regions Financial (RF), SunTrust (STI) and Fifth Third (FITB).

What is a little surprising is the total amount of capital regulators believe the financial system needs to raise to ensure it can survive a recession that lasts through next year: $74 billion. Some analysts have estimated a deep, long-lasting downturn could mean banks would need to raise as much as $1 trillion, many times that much.

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