US Banks Pass Federal Reserve Stress Test
All major US banks have successfully passed the Federal Reserve's annual stress test. This outcome paves the way for banks to increase dividends and share buybacks.
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Big Banks Pass Fed Stress Test, Paving Way for Payouts - Bloomberg.com
Big Banks Pass Fed Stress Test, Paving Way for Payouts Bloomberg.com
Read full article →All Banks Pass Fed's Stress Test, Unleashing Latest Wave Of Dividends And Buybacks
All Banks Pass Fed's Stress Test, Unleashing Latest Wave Of Dividends And Buybacks In all the excitement over Micron's blowout earnings, we almost forgot that today was another Fed stress test day - which every bank passed with flying colors as usual - which in turn allowed bank to unleash a fresh flood of dividends and buybacks. The biggest US banks boosted their dividends after passing this year’s Federal Reserve stress tests, a hurdle that even Bloomberg admits has "softened"...
By Tyler Durden
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