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CORRECTION - WASHINGTON - REFILE-US banks submit capital replenishment plans -Fed
CORRECTION - WASHINGTON - REFILE-US banks submit capital replenishment plans -Fed
Published: 08 Jun 2009 17:44:48 PSTWASHINGTON, June 8 - All 10 of the largest U.S. banks under orders to raise additional capital as a buffer against further economic shocks have submitted plans to do so, the Federal Reserve said on Monday.
"As supervisors, we will be working with the institutions to ensure their plans are implemented quickly and effectively," the Fed said in a short statement.
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