• The Treasury is expected to announce this morning that 10 banks have been given the go-ahead to repay their Troubled Asset Relief Program funds. [BN]
• The Supreme Court put the acquisition of Chrysler by Fiat on hold yesterday pending objections from three state pension funds and consumer groups. Fiat, however, says it has no plans to abandon the deal. [WSJ, NYT, DB]
• The Obama administration appears to be backing away from plans to reduce the number of three-letter agencies that oversee U.S. financial markets. [WSJ]
• Citigroup isn't paying out big bonuses in the U.S. But that isn't the case in London, where the bank has been luring traders with fat pay packages. [DB]
• Don't expect to see former Tyco chief Dennis Kozlowski walking the streets in the near future. The Supreme Court rejected his appeal yesterday. [NYP]