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Banks Resume Capital Distribution Following Federal Reserve Stress Test Results

Sumary of Banks Resume Capital Distribution Following Federal Reserve Stress Test Results:

  • Its quarterly dividend instead of boosting it along with its peers Following the closing bell on Monday, major US financial institutions announced resumptions of dividends and share buybacks following the recent Federal Reserve stress test results..
  • Summary of Capital Distribution Announcements As a result of the 2008 crisis, banks were mandated to undertake yearly reviews of capital levels in the form of stress tests..
  • Morgan Stanley, JP Morgan, Bank of America, and Goldman Sachs all elected to boost quarterly dividends, having passed the recent Fed stress test….

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