by Calculated Risk on 6/08/2009 09:15:00 AM

The Obama administration will announce this week that several large banks will be approved to repay TARP funds. Some of the rumored banks are J.P. Morgan Chase ($25 billion), Goldman Sachs ($10 billion), Morgan Stanley ($10 billion), American Express ($3.4 billion), Bank of New York Mellon ($3 billion), State Street ($2 billion), US Bancorp ($6.6 billion) and BB&T Corp. ($3.1 billion).

Also today is also the deadline for regulators to approve capital-raising plans and for banks to complete a management review. From the WSJ: Bank Chiefs Await Report Cards

Monday is the deadline for federal bank regulators to approve capital-raising plans at nine of the country's largest banks, a culmination of the stress-test process. But the moment could be overshadowed by a less publicized deadline: banks' equally in-depth review of their management.

Several top banks, including Bank of America Corp. and Citigroup Inc., have had to assess top executives and directors "to assure that the leadership of the firm has sufficient expertise and ability to manage the risks presented by the current economic environment" ...