Fed Prods Banks for TARP Repayment Plans

BofA, Citi, 7 others asked to submit outlines

By Harry Kimball, Newser Staff

Posted Nov 24, 2009 11:47 AM CST

(Newser) – The government is stepping up plans to wind down the TARP program. The Fed has asked nine banks stress-tested earlier this year, including Bank of America and Citigroup, to come up with plans to repay a total of $142 billion in TARP funds. The move... Read full story »

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Fed Prods Banks for TARP Repayment Plans

BofA, Citi, 7 others asked to submit outlines

Bank of America • Federal Reserve • Wells Fargo • Citibank • Troubled Asset Relief Program • Wall Street bailout • TARP • repayment • stress test • PNC • TARP repayment

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Citi, Wells Fargo Clash With Feds Over Repaying TARP

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