NEW YORK: The US Federal Reserve is expected to say Goldman Sachs Group Inc, JPMorgan Chase & Co and perhaps a few other banks will be allowed to repay money to the Troubled Asset Relief Programme, The Wall Street Journal said yesterday, without saying where it got the information.
Some of the banks expected to get the green light to pay back TARP money include Goldman, JPMorgan, American Express Co, Morgan Stanley, State Street Corp and US Bancorp, the New York Post said yesterday. – Reuters
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