CNBC reports that Citi will pay back its TARP loans after floating an equity offering. Bank of America paid back the US Treasury $45 bln today.
Citi will still be majority owned by Uncle Sam even after the TARP is paid back, however.
CNBC reports that Citi will pay back its TARP loans after floating an equity offering. Bank of America paid back the US Treasury $45 bln today.
Citi will still be majority owned by Uncle Sam even after the TARP is paid back, however.