Banks across the nation are planning to sell assets in order to raise cash to fulfill federally required capital reserves, reported the East Bay Business Times.
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Banks plan to sell assets
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ConocoPhillips plans to sell assets, cut spending
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Millions flow into managed funds
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Banking stocks may face fresh selling:
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Commercial banks focus on promoting the use of credit cards
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More British banks expected to boost their balance sheets
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Fannie Mae announces plan to raise capital
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Jordanian banks in Palestinian territories planning to raise capital to $50 million
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People forked out more money last month
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Thousands to switch banks on ``Bank Transfer Day''
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Bank of Japan to 'pump massive funds' into market
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Bank of America selling some corporate aircrafts
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CIT applies to become a bank holding company
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Wells Fargo may boost reserves
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Indian companies on fund raising spree to finance growth plans
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GMAC considers becoming a bank holding company
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Fibria plans to sell dollar bonds in overseas markets