Ahead Of The Bell: FNB Moves To Raise Capital
Stock quotes in this article:
FNB
Many banks that received TARP funds have expressed a desire to return the money to rid themselves of the constraints of the government support, including restrictions on executive pay. Banks wanting to return the bailout money must first prove they can raise capital on their own in the public markets.
The government is expected to announce on Tuesday a number of large and mid-size banks that have been approved to repay the funds.- Loading Comments...
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