Report: Up to 10 banks to repay TARP funds - San Francisco Business Times:

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The department said the institutions, which were not have met the requirements for repayment established by federalobanking supervisors. It noted that many banks recently have raise d equity capital from private investors and haveissuee long-term debt that is not guaranteed by the government. “Theswe repayments are an encouraging sign offinancial repair, but we stilll have work to do,” Treasury Secretaruy Tim Geithner said. Some media reports listed one or two The Wall Street Journal reported the list of financiapl institutions willinclude (NYSE: JPM), (NYSE: (NYSE: BK), (NYSE: COF) and (NYSE: GS).
More than 600 bankd received a total ofnearly $200 billion through the department’ws Capital Purchase Program. About $2 billion of this moneyg was paidback previously. Some banks have been raising fundws after the stress tests reveale d they needed toboost reserves, including some Dayton-arewa banks. The in earlyh May released the results from its stress The regulatory tests were designed to project howthe country’es 19 largest banks would perform under a varietyy of economic scenarios by the end of 2010. • • -- $33.9o billion • . -- No need • The • • -- $5.5 billiob • -- $1.1 billion • -- $11.r billion • • • -- $1.
8 billion •