(Updated with new information, stock prices throughout) CHARLOTTE, N.C. ( TheStreet ) -- Bank of America ( BAC ) is making moves to separate itself from the likes of more troubled competitors -- moves that may be warranted based on capital metrics alone. The Charlotte, N.C.-based company is one of several financial firms deemed too big to fail by regulators that required more government support than others. Despite its protestations to the contrary, the bank is almost always lumped in with Citigroup ( CIT ), and occasionally with American International Group ( AIG ), Fannie Mae undefined and Freddie Mac undefined as well. After months of enduring the designation of "most troubled," as well as a government-mandated management shake-up, BofA appears to be fighting back. The company is in talks with regulators to repay the $20 billion part of its bailout package that relates to Merrill Lynch, according to The Wall Street Journal.