No Sympathy

Earnings Preview: Huntington Bancshares

I am sure UBS would love to raise more capital for Huntington so they can prop up their own capital with their brokerage fees! If Huntington has a profit in the second quarter they will have added capital net of dividends for two consecutive quarters plus raise 569M additional above tier 1 and tangable requirments. So what is the logic of raising more capital that they do not need?