The Bankwatch

Tracking the consumer evolution of financial services

Few banks are going to market to raise capital

This is a bit of a surprise with all directions pointing to increased capital requirements.

33% of banks have gone to the market to raise capital or will go to market to raise capital | Grant Thornton

CHICAGO, June 24, 2010 – According to Grant Thornton LLP’s 17th Bank Executive Survey, conducted in conjunction with Bank Director magazine, one-third (33%) of bankers said that their bank was very likely to go the market to raise capital in the next 12 months (22%) or has already successfully gone to the market to raise capital (11%).

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Written by Colin Henderson

June 24, 2010 at 22:14

Posted in Uncategorized

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