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CNBC
3 hrs ago
Comment
Global stocks hit a 14-month high on Thursday as news that Bank of America would repay $45 billion in TARP funds injected optimism into the financial sector. Gold also hit another new high above $1,125 an ounce as investors chased equities,...
FX Street
6 hrs ago
Comment
Quote: ‘Multiplication is vexation, Division is bad; The rule of three doth puzzle me, And practice drives me mad’. John Napier (1550-1617) The News: Bank of America to pay back $45B in TARP funds any day now as RBS directors threaten to quit...
FX Street
6 hrs ago
Comment
Risk appetite made its presence known once again in Asia, as late news out of the US stating that Bank of America would begin repaying its government TARP money in the near future. This move prompted traders to shun caution thus sending the yen...
Reuters
Dec 3
Comment
Bank of America Corp said it would repay $45 billion of taxpayer bailout funds, a move that could free the top U.S. lender from pay curbs as it looks to hire a new CEO but also makes it more vulnerable to further economic shocks.
TheStreet.com
Dec 2
Comment
Bank of America said Wednesday it plans to pay back the federal government's $45 billion TARP investment with excess liquidity and a secondary sale.
StreetInsider.com
Dec 2
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Financial+Group+Moving+Higher+Amid+BofA+TARP+Repayment+News+%28BAC%2C+C%2C+WFC%2C+XLF%2C+FAS%29/5155091.html for the full story.
Bloomberg
Dec 2
Comment
Bank of America Corp. is out of the
Troubled Asset Relief Program, CNBC on-air editor Charlie
Gasparino reported. The bank is about to sign the documents
“any minute,” he said.
Jr Deputy Accountant
Dec 2
Comment
These guys are totally out of their minds. For the record.
WSJ:
The Obama administration will outline its plan to end the government's $700 billion financial rescue program in the next few weeks, a top official said, though that doesn't mean it...
Bankstocks.com
Dec 1
Comment
When Bill Isaac heard the current banking crisis referred to as the worst financial calamity since The Great Depression, he couldn't have disagreed more.
Bankstocks.com
Nov 30
Comment
Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue
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