Lucrative stakes in some of the nation's biggest banks are likely to come to auction this month, perhaps as early as this week.
The Treasury Department intends to resume auctions of warrants it holds in a roster of banks that have repaid federal investments, including Bank of America Corp., Citigroup Inc., Wells Fargo & Co. and PNC Financial Services Group Inc.
B of A has said the government is free to auction its warrants, but the other banks have been more guarded in comments about auctions.
Treasury officials told Congress in December that it would resume auctions in February. A Treasury spokesman said there had been "no change" to that position, but declined to elaborate.