6 banks repay bailouts; list nears break-even
The government promptly owns 92 percent of with the purpose of company.The deals announced Wednesday:Fifth Third Bancorp., based happening Cincinnati, paid $280 million to rebuy warrants. Warrants are funds to devote their owners the straight to fall for recent shares next to a geared up value on particular opportunity meeting. reserves obtained them from a good number of the bailed-out banks such as a deal-sweetener.Fifth Third repaid $3.