Two banks repay bailout funds to Treasury


(Reuters) The Treasury Department said on Wednesday that two more banks have repaid a total $210 million in bailout funds that they received during the 2007-2009 financial crisis.

The Treasury said in March that TARP’s bank investment programs had begun turning a profit. It said on Wednesday that, after the latest two repayments, it has recovered more than $258 billion from banks through repayments, dividends, interest and other income.