Banks ability to raise capital this year is quite strong – by Garrett, Watts

To our Clients, Colleagues and Friends

Despite what you might hear or think, banks can raise equity capital this year.

• $72.4 billion in equity capital
• $31.8 billion in senior debt
• $49.7 billion of preferred equity
• $32 billion in Trust Preferreds

This is private capital showing its optimism for the banking sector an portends, in our view, that 2010 will see a real return to stability in banks.

We see it through our strategic planning and M&A Due Diligence projects.

Garrett, Watts & Co.