Sources say Bank of America's (BAC -2%) plans to repay its TARP loans have hit a snag due to a...

|About: Bank of America Corpora... (BAC)|By:, SA News Editor

Sources say Bank of America's (BAC -2%) plans to repay its TARP loans have hit a snag due to a dispute over how much more capital it needs to raise in order to exit government oversight. Having raised $40B in new equity since May, BofA thinks it's ready to return the government's $45B investment. But some officials want it to raise more than the $40B pegged by government stress tests.