TITLE

PEOPLE

AUTHOR(S)
Davis, Paul; Landy, Heather
PUB. DATE
December 2009
SOURCE
American Banker;12/11/2009, Vol. 174 Issue F317, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents news briefs about the financial services industry. Bank of America Corp. ran full-page newspaper advertisements thanking taxpayers after it repaid the U.S. government billions of dollars of aid it received under the Troubled Asset Relief Program. Executives from several banks including Wells Fargo & Co. and Citigroup Inc. will meet with President Barack Obama to discuss regulation of the financial industry.
ACCESSION #
45706793

 

Related Articles

  • Company Spotlight: Bank of America Corporation.  // MarketWatch: Financial Services;Jan2010, Vol. 9 Issue 1, p23 

    The article presents information on Bank of America Corp., which provides a range of financial services. It has planned to repay taxpayers in the U.S. the entire 45 billion dollar investment under the trouble assets relief program (TARP). It has also agreed to increase equity by 4 billion...

  • Will Planets Stay Aligned For B of A? Davis, Paul; Monks, Matthew; Sloan, Steven // American Banker;12/4/2009, Vol. 174 Issue F316, p1 

    The article discusses the timing of Bank of America Corporation's repayment of its U.S. Troubled Asset Relief Program (TARP) aid. It is suggested that several factors including credit losses in its consumer and commercial books, volatility in capital markets, and the integrations of Merrill...

  • Rivals Still Seek Clear Route Out. Landy, Heather // American Banker;12/4/2009, Vol. 174 Issue F316, p1 

    The article discusses the confusion about financial regulators' criteria for deciding to repay the bailout funds of the U.S. Troubled Asset Relief Program (TARP). According to the article, several analysts believe that Bank of America Corporation's decision to repay has set a benchmark for...

  • Bank of America to Repay Tarp Funds. Hopkins, Cheyenne // American Banker;12/3/2009, Vol. 174 Issue 216, p16 

    The article discusses the decision by Bank of America Corp. (B of A) to repay the $45 billion in funds it received from the U.S. Troubled Asset Relief Program (TARP). B of A also announced it would raise four billion dollars through asset sales by June 30, 2010 and $1.7 billion by issuing...

  • B of A Returns $45B to Treasury Dept. Hopkins, Cheyenne // American Banker;12/10/2009, Vol. 174 Issue 220, p16 

    The article discusses the move by Bank of America Corp. (B of A) to repay the final $45 billion portion it received under the U.S. Troubled Asset Relief Program. The total funds returned by B of A total $116 billion. According to the author banks are eager to repay the U.S. Treasury Department...

  • Tarp Rules Cited in Travel Drop.  // American Banker;3/24/2009, Vol. 174 Issue 56, p16 

    The article discusses a survey by the U.S. Travel Association which found that approximately $1 billion hotel cancellations occurred in January and February 2009. The trade association attributed the decline to government restrictions on banks such as Northern Trust Corp. and Wells Fargo Bank,...

  • TARP casts cloud over Small Business Lending Fund. Czurak, David // Grand Rapids Business Journal;2/22/2010, Vol. 28 Issue 8, p1 

    The article assesses the Small Business Lending Fund (SBLF) proposed by U.S. President Barack Obama. According to the author, the fact that the SBLF funding has come from the Troubled Asset Relief Program (TARP) has made several banks reluctant to participate in the SBLF program. Art Johnson,...

  • Crisis watch. Johnson, Simon // Prospect;Feb2010, Issue 167, p18 

    The article focuses on the move of U.S. President Barack Obama in getting tough with U.S. banks. It mentions that big banks and financial elite such as Goldman Sachs and Citigroup are already allowed to start paying the funds they have drawn from the U.S. treasury's Troubled Asset Relief...

  • Banks lukewarm on small-business loan plan. Sanders, Bob // New Hampshire Business Review;11/6/2009, Vol. 31 Issue 24, p11 

    The article discusses the importance of U.S. President Barack Obama's small-business lending initiative for banks in New Hampshire. It notes that the initiative will decrease interest rate paid by banks under the Troubled Asset Relief Program's (TARP) Capital Purchase Program. It is stated that...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics