Tag: banking


What does it mean that Wells Fargo is hanging on to its TARP funds?

June 11th, 2009 — 10:58am

Wells Fargo found itself in unflattering company when the Treasury Department cleared 10 major banks — but not Citigroup, Bank of America and Wells Fargo — to repay TARP funds awarded in the fall. But observers say that probably does not signal anything significant about Wells’ financial condition. (Read story here…)

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