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TARP repayments to start next week : report

Last updated: 2009-06-11

TARP repayments to start next week : report
2009-06-11

Event
2008 U.S. Financial Rescue
Company
J.P. Morgan Chase
Source
(Reuters)

NEW YORK (Reuters) - Big banks will start repaying government bailout funds on Wednesday, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
The banks include: JPMorgan Chase & Co (JPM.N), Morgan Stanley (MS.N) and American Express Co (AXP.N), the Journal reported.
The firms received $25 billion, $10 billion and $3.4 billion, respectively, the Journal said.

Bush Admin. 2008 U.S. Financial Rescue
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