February 11, 2009

We're lending," chief executives of major banks plan to tell Congress Wednesday, according to prepared remarks.In testimony prepared for the House Committee on Financial Services, bank chieftains including JPMorgan Chase & Co.'s (JPM) Jamie Dimon, Bank of America Corp.

Kenneth Lewis and Citigroup Inc.'s (C) Vikram Pandit vigorously assert that they are lending despite economic headwinds, and are lending more because of the government capital they had received.