A host of financial companies announced Monday that they will sell nearly $25 billion of preferred stock and warrants to the federal government as they raise capital amid the deepening global crisis, potentially to pick off weakened rivals.

The biggest morning disclosure was Capital One Financial Corp.'s $3.55 billion sale of preferred stock and warrants to the Treasury Department, followed by SunTrust Banks Inc. at $3.5 billion. The Southeastern bank also announced it will cut its dividend 30%.

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