The White House is moving to tighten criteria for banks that wish to repay their government bail-out loans, saying repayment proposals would have to pass three basic tests to determine whether they are in the national economic interest, a senior official told the FT. The comments come as Goldman Sachs, JPMorgan Chase and other relatively strong banks are pressing to be allowed to repay their bail-out funds.

This entry was posted by Gwen Robinson on Monday, April 20th, 2009 at 4:57 and is filed under Capital markets. Edit this entry.