Ten financial groups including JPMorgan Chase and Goldman Sachs were on Tuesday allowed to repay a combined $68bn to the US Treasury. The groups, including Morgan Stanley and American Express, can now shed the pay and hiring restrictions that came with last year’s Tarp assistance. But the move raises questions about other banks such as Citigroup and Bank of America, which have not yet been allowed to repay a combined $90bn in Tarp loans.

This entry was posted by Gwen Robinson on Wednesday, June 10th, 2009 at 4:59 and is filed under Capital markets. Tagged with goldman sachs, jpmorgan, TARP. Edit this entry.