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.
AES shares briefly rise to 1-year high on report Chinese investment arm weighs buying stakeSeptember 14th, 2009 AES shares rise on report of China interestCOLUMBUS, Ohio — Shares of AES Corp. briefly rose to a 52-week high on Monday on a published report that China's investment arm is interested in buying a stake in the U.S.
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.
Kimco Realty repays $145M credit facility debtAugust 27th, 2009 Kimco Realty repays $145M debtNEW HYDE PARK, N.Y. — Real estate investment trust Kimco Realty Corp.
India receives five times more FDI in April-June quarter: RBIAugust 13th, 2009 NEW DELHI - Signs of India's economic recovery appear to have lifted confidence levels among foreign investors, as the country received a foreign investment flow that was five times more in the in April-June quarter this year. According to data released by the Reserve Bank of India (RBI), in the preceding quarter of January- March, the country received three billion US dollars worth of foreign investment, while in the April-June quarter it received 15-billion US dollars in foreign investment.
State Street says reserve for fixed-income investment claims, penalties may be insufficientAugust 11th, 2009 State Street's legal reserve may not be enoughBOSTON —State Street Corp. says a legal reserve of about $625 million it established two years ago may not be enough to cover claims and potential penalties related to fixed-income investments that included subprime mortgages.
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.
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.
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 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.
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.
Capital One repays $3.57 billion received as part of government investment programJune 17th, 2009 Capital One repays $3.57B in TARP fundsNEW YORK — Capital One Financial Corp. says it repaid the $3.57 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.
List of 10 banks that got Treasury approval to pay back their bailout moneyJune 9th, 2009 List of 10 banks that will repay bailout moneyThe Treasury has given 10 banks permission pay back a total of $68 billion in government bailout money. The banks include the eight recipients of bailout money that passed regulators' stress test last month, plus the investment bank Morgan Stanley and Chicago-based custody bank Northern Trust Corp.
Banks, investment firms borrow less over past week from Fed's emergency lending programMay 8th, 2009 Banks, investment firms draw less from FedWASHINGTON — The Federal Reserve says banks and investment firms borrowed far less over the past week from its emergency lending program, a hopeful sign some credit stresses are easing. The Fed says commercial banks averaged $40.9 billion in daily borrowing over the past week that ended Wednesday.