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The former captive has repaid $2.9 billion in debt issued under the FDIC’s Temporary Liquidity Program. Officials said the company expects full repayment in December 2012.
Read More →The Shared National Credits (SNC) Review for 2011 showed the credit quality of large loan commitments owned by U.S. banking organizations, foreign banking organizations (FBOs) and nonbanks improved in 2011 for the second consecutive year.
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