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MCLAGAN ALERT - LIFE AFTER TARP |
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Written by Administrator
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In 2010, a number of firms repaid their TARP funds through capital raises or retained earnings. In addition, for banks under $10 billion in assets the Small Business Lending Fund now provides an opportunity for the best performing TARP banks to swap their TARP capital and be unencumbered by the TARP compensation restrictions. As we look to 2011, we expect both these trends to continue and the number of TARP banks to decrease. This McLagan Alert examines what bank industry compensation and incentive planning holds for banks after TARP.
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