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 | BofA may face $34 billion shortfall |
 ...
60? "60px": "auto" ); height:expression(do*****ent.body.clientHeight > 60? "60px": "auto" );' onload=this.style.filter='progid:DXImageTransform.Microsoft.Shadow(color=#000000,direction=135,strength=5)'>LONDON (CNNMoney.com) -- The U.S. government isn't due to reveal the results of its stress tests on banks until Thursday, but leaked results are painting a troubling picture.Regulators have determined that Bank of America (BAC, Fortune 500) may need roughly $34 billion in additional capital, several reports published late Tuesday said, citing sources familiar with the results.Bank of America officials declined to comment, the reports said.The requirement to raise billions more in capital is likely to add pressure on Bank of America's chief executive Ken Lewis, who was ousted as chairman of the struggling bank last week. 0:00 /1:18Cleaning up the banksRegulators are due to officially release the results of their so-called stress tests on 19 of the largest U.S. banks Thursday. In the run-up to the official release, speculation has been brewing that anywhere between 10 and 14 of the banks could be forced to boost their capital.Attention has been focused particularly on Bank of America and Citigroup (C, Fortune 500), which is believed to face an approximately $10 billion gap, according to reports.Regional banks -- including Birmingham, Ala.-based Regions Financial (RF, Fortune 500), Cincinnati's Fifth Third Bank (FITB, Fortune 500) and SunTrust Financial (STI, Fortune 500) of Atlanta -- are also widely believed to need more funding First Published: May 6, 2009: 4:57 AM ETSource: CNNMoney.com
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