Banks, Financial Industry | featured news

2 Banks Exit TARP, With More to Follow

2 Banks Exit TARP, With More to Follow

With the wiring of nearly $10 billion to the Treasury, U.S. Bancorp and BB&T became the first large financial institutions to announce that they have repaid the government in full.

 

Profit Down, but JPMorgan Tops Forecasts

The $2.1 billion profit in the first quarter could give investors hope that the banking stocks have reached a bottom.

 

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