U.S. authorities stand by banks (Dealscape

U.S. regulators issued a joint statement early Monday to make it clear they stand behind the banking system and also stand ready to aid "systemically important" firms.

The statement, which also said the banks will be given a so-called stress test this week to make sure they're in good shape, came on the heels of a report that the government might increase its stake in embattled Citigroup Inc., although the Treasury's announcement named no specific banks.

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NOT A SUBSCRIBER? U.S. authorities stand by banks Posted on February 23, 2009 2:16 PM U.S. regulators issued a joint statement early Monday to make it clear they stand behind the banking system and also stand ready to aid "systemically important" firms. The statement, which also said the banks will be given a so-called stress test this week to make sure they're in good shape, came on the heels of a report that the government might increase its stake in embattled Citigroup Inc., although the Treasury's announcement named no specific banks. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 1,215 in-depth reports of Law & Regulation deals in the Financial Services sector 6,892 articles related to Citigroup Inc. 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Idearc Inc. Deutsche Bank Amusement parks Deb Shops Windstream Corp. Concho Resources Hanna Andersson Tween Brands Edward Bastian		EXISTING USERS Username Password Forget your password? Missing a product?

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