Ten of the nation’s largest banks will soon start paying back $68 billion in federal bailout money, the Treasury Department announced today.
The government did not name the banks, but the New York Times say they included J.P. Morgan Chase, Goldman Sachs, Capital One Financial, Morgan Stanley, Northern Trust, American Express, Bank of New York Mellon, BB&T, State Street and U.S. Bancorp.
Missing from the list was Charlotte’s own Bank of America and San Francisco-based Wells Fargo, which bought Charlotte-based Wachovia during the financial meltdown.
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