Jun.29 -- Big banks provided a big payout to shareholders after the Federal Reserve said U.S. firms are holding more than enough capital. Bloomberg Gadfly columnist Lionel Laurent reports on "Bloomberg.. Source: Bloomberg Global Business -
Jun.29 -- Kokou Agbo-Bloua, global head of flow strategy and solutions at Societe Generale, discusses the number of share buybacks following the bank stress tests and the risk in bank stocks. He speaks.. Source: Bloomberg Global Business -
Beyond being a cushion against catastrophe, the Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes.
On Wednesday,.. Source: Wochit Headline News -
(Reuters) - Shares in the biggest U.S. banks rose on Thursday after they revealed buyback and dividend plans that topped analyst expectations after the Federal Reserve approved capital proposals in its.. Reuters
Major US banks have performed well in the second round of annual stress tests, as the Federal Reserve (Fed) tonight approved plans for the country’s largest institutions to distribute cash to.. City A.M.