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发帖数: 133 | 1 SAN FRANCISCO (MarketWatch) -- Bank of America Corp. /quotes/comstock/13*!
bac/quotes/nls/bac (BAC 16.00, +0.35, +2.24%) said late Wednesday that it
will repay $45 billion it borrowed under the Troubled Asset Relief Program.
Bank of America will use $26.2 billion in excess liquidity and $18.8 billion
from the sale of "common equivalent securities." It also plans to increase
equity by $4 billion through asset sales. "Repurchase of TARP preferred
stock is expected to reduce income available to com |
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