10 US banks repaid bail-out cash, but Citi and BOA not in the list

Ten banks have collectively repaid $68bn out of the $700bn provided through taxpayer money:

JP Morgan repaid $25bn
Goldman Sachs repaid $10bn
Morgan Stanley repaid $10bn
US Bancorp repaid $6.6bn
American Express repaid $3.4bn
Capital One Financial repaid $3.6bn
BB&T Corp repaid $3.1bn
Bank of Mellon New York repaid $3bn
State Street repaid $2bn
Northern Trust repaid $1.57bn

Before being allowed to pay back money, the banks had to be able to show that they were able to raise cash privately. The 10 banks were given the permission last week to return the funds after undergoing government financial stress tests but Wednesday was the first day they could return the money.