Bank of America to Repay $45 Billion in TARP AND Raise Capital

By Sadie Bass

Dec 2, 2009 5:41pm

ABC's Dan Arnall reports from New York:

ABC News has confirmed that Bank of America will announce a repayment of the $45 billion in TARP investment shortly. As a part of the firm’s exit from TARP, the government will require them to raise billions in new capital.

You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus