According to the bank-specific “stress test” undertaken by the US government, as many as 10 out of the country’s 19 leading banks would need an overall funding of $75 billion for survival, in case the economic crisis took a turn for the worse! The regulators have asked the banks needing more funds to develop a plan by June 8 and submit it for approval.

Commenting on the “stress test” outcome, Ben Bernanke – Chairman of the Federal Reserve - said the results “should provide considerable comfort to investors and the public.” He added that almost all the banks have adequate capital “to absorb the higher losses envisioned under the hypothetical adverse scenario.”

Nonetheless, the recent findings of the Federal Reserve explicitly point towards a “still vulnerable” banking sector. Regulators opined that the complete healing of the financial system is still a distant thought – though some big US banks are somewhat steady, the others need additional capital in billions.

So far as the maximum requirement by a particular bank is concerned, Bank of America Corp tops the list with its need of $33.9 billion, which it intends raising through sales of assets and other similar actions. Meanwhile, Wells Fargo, Citigroup, Morgan Stanley have worked out moves to meet their respective fund requirements through public stock offering and exchanges.