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BHK Boc Hong Kong

20.37
0.00 (0.00%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Boc Hong Kong LSE:BHK London Ordinary Share HK2388011192 ORD HKD5
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.37 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

US Treasury Report Confirms $68 Billion In TARP Repayment By 10 Banks

19/06/2009 10:00pm

Dow Jones News


Boc Hong Kong (LSE:BHK)
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The U.S. Treasury Department confirmed in a report Friday that 10 big banks are repaying $68 billion in federal government aid.

The firms are JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc. (GS), Morgan Stanley (MS), BB&T (BBT), U.S. Bancorp (USB), American Express Co. (AXP), Capital One Financial Corp. (COF), Bank of New York Mellon Corp. (BK), Northern Trust Corp. (NTRS) and State Street Corp. (STT).

The report follows a Treasury Dept. announcement last week that big lenders had met the necessary requirements to repay funds they received from the government's financial-rescue fund.

The roughly $68 billion was repaid June 17.

The Troubled Asset Relief Program was started in October to rescue Wall Street. Nearly $200 billion has been doled out to banks around the U.S.

-By Jeff Bater, Dow Jones Newswires; 202-862-9249; jeff.bater@dowjones.com

 
 

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