A year is a long, long time in banking. Just 12 months after Bank of America received its first slug of government funds, the bank is repaying the Treasury's entire $45bn investment. That is good news for taxpayers, who have pocketed about $2.5bn in dividends to date, and are left with only one real mega-bank, Citigroup, as an ongoing concern. More perplexing, perhaps, is why shareholders, who marked BofA's shares up 3 per cent in after-hours trading, are so pleased.
對銀行業而言,一年何其漫長。在接受第一筆政府注資僅12個月后,美國銀行(Bank of America)就將償還財政部全部450億美元投資。這對納稅人來說是個好消息。納稅人迄今已得到約25億美元的利息,而他們還需要擔心的真正超大型銀行,只剩下了花旗集團(Citigroup)?;蛟S,更令人困惑的是,在盤后交易中推動美銀股價上漲3%的股東們為何如此高興?