New York Times DealBook: “Three United States banks, apparently emboldened by the clean bills of health they received under the federal stress tests, announced plans Monday to pay down the governments investments under the TARP program by selling billions of dollars in new stock. The announcements came from Capital One Financial, US Bancorp and BB&T Corporation, each of which were found not to need additional capital under the examinations of 19 large financial institutions, whose results were made public last week.”
- BB&T announces plan to repay government investment; Plan includes capital issuance, temporary dividend reduction
- Capital One Financial Corporation Announces Pricing of Common Share Offering
- U.S. Bancorp Announces $2.5 Billion Common Stock Offering
- KeyCorp Commences Capital Raise of $750 Million
- Related postings on financial system
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