The U.S. Treasury this morning said yes to 10 institutions seeking to repay $68 billion in capital infusions received under TARP’s Capital Purchase Program. While Treasury was coy about who got the nod, most of the approved immediately issued statements spreading the news. JPMorgan Chase will repay all of its $25-billion infusion; Morgan Stanley is returning it’s $10 billion “with an attractive return for taxpayers,” according to its statement; U.S. Bancorp is returning its $6.6 billion; Capital One expects to repurchase the $3.55 billion in preferred shares it sold to the government; BB&T says it will pay back $3.134 billion, along with accrued and unpaid dividends; and Bank of NY Mellon “has raised $2.9 billion toward the repurchase of the $3 billion TARP capital,” according to its press statement; State Street Corp. is returning $2 billion; and Northern Trust is sending $1.576 billion back to Treasury.

In related news, the Fed late yesterday okayed capital raising plans submitted by Bank of America, Citicorp, and the rest of the stress-tested institutions required to augment Tier 1 capital.

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