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U.S. rebuffing big banks' push to exit bailout

• Reuters
Some of the largest U.S. banks will remain caught in the government's financial bailout program for months, as officials do not expect to grant the next wave of exit approvals until near the end of the year.

Banks such as Citigroup and Bank of America Corp have been chafing under the government's reins and want to exit the Troubled Asset Relief Program (TARP), which delivered capital infusions to banks along with limits on pay, share repurchases and dividends.

 

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