Bank of America board authorizes $713 million dividend payment on government investmentOctober 2nd, 2009 Bank of America authorizes TARP dividend paymentCHARLOTTE, N.C. — Bank of America Corp.
Treasury says 2 investment firms have raised minimum amounts needed for toxic asset programSeptember 30th, 2009 Treasury: 2 firms can start buying toxic assetsWASHINGTON — The Treasury Department said Wednesday that two large investment funds have raised the minimum amounts needed to begin purchasing toxic assets from banks, finally launching this part of the government's financial rescue effort. Invesco Ltd.
Constellation Energy repays $500M, 6.125 pct bond without refinancingSeptember 2nd, 2009 Constellation Energy repays $500M, 6.125 pct bondBALTIMORE — Constellation Energy Group Inc. on Wednesday said it repaid a $500 million, 6.125 fixed-rate bond without refinancing, as part of its plan to improve liquidity and strengthen its balance sheet.
American Express buys back TARP warrants from Treasury Department for $340 millionJuly 29th, 2009 American Express repurchases TARP warrantsNEW YORK — American Express Co. said Wednesday it repurchased outstanding warrants issued to the government as part of the Troubled Asset Relief Program for $340 million.
BofA plans to complete debt exchange soon, boosting capital by more than $33.9B Feds requiredJune 25th, 2009 BofA raising more capital than Feds requiredCHARLOTTE, N.C. — Bank of America Corp.
BofA completes debt exchange, has increased capital by more than $33.9B government requirementJune 25th, 2009 BofA raises more than the $33.9B required by gov'tCHARLOTTE, N.C. — Bank of America Corp.
Northern Trust repays $1.58 billion received as part of government investment programJune 17th, 2009 Northern Trust repays government investmentCHICAGO — Northern Trust says it has repaid the $1.58 billion it received last fall as part of the government's $700 billion bank bailout program. Chicago-based Northern Trust received the money as part of the Treasury Department's program to help revive the stagnant credit and lending markets amid one of the worst periods of the credit crisis.
Morgan Stanley pays back Treasury $10 billion in bailout fundsJune 17th, 2009 Morgan Stanley pays back $10B in bailout fundsNEW YORK — Morgan Stanley said Wednesday it repaid the $10 billion it received last fall as part of the government's $700 billion bank investment program. Morgan Stanley received the money as part of the Treasury Department's Troubled Asset Relief Program to help revive the stagnant credit and lending markets amid one of the worst periods of the credit crisis.
American Express repays $3.39 billion received as part of government investment programJune 17th, 2009 American Express repays $3.39B in TARP fundsNEW YORK — American Express Co. said Wednesday it repaid the $3.39 billion it received last fall as part of the government's $700 billion bank investment program.
State Street Corp. repays $2 billion receives as part of government investment programJune 17th, 2009 State Street repays $2B in TARP fundsNEW YORK — State Street Corp. says it was among the banks to repay $2 billion it received last fall as part of the government's $700 billion bank investment program.
Goldman Sachs set to repay $10 billion it received as part of government's investment programJune 17th, 2009 Goldman Sachs to repay $10B in government fundsNEW YORK — Goldman Sachs says it is ready to repay a $10 billion government investment on Wednesday. The bank made the disclosure in letters to high-ranking congressmen and senators on Tuesday.
Bank of New York Mellon repays $3 billion received as part of government programJune 17th, 2009 Bank of New York Mellon repays TARP fundsNEW YORK — Bank of New York Mellon said Wednesday it repaid the $3 billion it received last fall as part of the government's $700 billion bank investment program. Bank of New York Mellon received the money as part of the Treasury Department's Troubled Asset Relief Program to help revive the stagnant credit and lending markets amid one of the worst periods of the credit crisis.
Goldman Sachs completes repayment of $10 billion received as part of government programJune 17th, 2009 Goldman Sachs repays government investmentNEW YORK — Goldman Sachs Group Inc. said Wednesday it has repaid the $10 billion it received last fall as part of the government's $700 billion bank bailout program.
Morgan Stanley plans $2.2 billion stock offer as precursor to repaying government loanJune 2nd, 2009 Morgan Stanley to raise $2.2 billion in capitalNEW YORK — Morgan Stanley said Tuesday it will raise $2.2 billion through a stock offering as part of a plan to satisfy preconditions for repaying a government loan it received last fall amid the deepening credit crisis. Morgan Stanley priced the offering at $27.44 per share, an 8.2 percent discount from Monday's closing price of $29.89.
US Bancorp, Capital 1, BB&T plan common stock offerings to repay gov't fundsMay 11th, 2009 3 banks plan stock offerings to repay gov't fundsNEW YORK — Three banks that have received a clean bill of health from the government have announced plans to raise capital to help repay government funds received last fall. U.S. Bancorp, Capital One Financial Corp.
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