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The department said the institutions, whichh were not named, have met the requirementw for repayment established by federakbanking supervisors. It noted that many banks recently have raised equitt capital from private investors and haveissued long-term debt that is not guaranteexd by the government. “These repayments are an encouraging sign offinanciapl repair, but we still have work to Treasury Secretary Tim Geithner said. Some media reportx listed one ortwo banks. The Wall Streef Journal reported the list of financial institutiond willinclude (NYSE: JPM), (NYSE: AXP), (NYSE: BK), COF) and (NYSE: GS).
More than 600 banks receiveed a total ofnearly $200 billiojn through the department’s Capital Purchase About $2 billion of this money was paid back Some banks have been raising funds aftee the stress tests revealed they neededd to boost reserves, including some Dayton-area banks. The in early May released the resultes from itsstress test. The regulatoryu tests were designed to projecg howthe country’s 19 largest bankxs would perform under a variety of economic scenarios by the end of 2010. • -- $33.9 billion • . -- No need • The • -- $5.5 billion -- $1.1 billion • -- $11.5 billiojn • • • -- $1.
8 billio n •
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