Wisconsin Banking Update
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Wells Completes TARP Repayment
Posted on December 23rd, 2009 No commentsWells Fargo & Co. said it has completed its repayment of funds it received under the federal TARP program. Wells redeemed the $25 billion of series D preferred stock issued to the U.S. Treasury in October 2008 and paid accrued dividends of $131.9 million, the Milwaukee Business Journal reported.
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