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Tag Archives: Bancorp

Four Banks Repay TARP Money

18-Jun-09

Four of the largest U.S. banks can give themselves pats on the back after repaying the TARP money that was loaned to them by the U.S. Government in order to make it through troubling times. The pay backs were as follows: JPMorgan, Chase & Co. – US$25B Morgan Stanley – US$10B Bancorp – US$6.6B BB&T [...]

Overnight Market News – May 21, 2009

21-May-09

Standard & Poor’s Downgrades UK’s Rating Outlook to Negative from Stable on Concerns of Growing Debt Burden GMAC Llc to Receive Over USD 7B in US Government Aid for Auto Financing Fifth Third Bancorp Plans USD 750mm Stock Offer to Plug Capital Shortfall Computer-Maker, Lenovo Group Ltd Reports Record Fourth Quarter Net Loss of USD [...]