US Banks Announce Significant Shareholder Payouts After Federal Reserve Eases Stress Test Requirements
US Banks Announce Significant Shareholder Payouts After Federal Reserve Eases Stress Test Requirements Major US financial institutions have announced substantial shareholder payouts, including dividends and share buybacks, following the Federal Reserve’s latest stress test results. The central bank’s decision to ease certain capital requirements, stemming from its annual assessment of bank resilience, has provided a significant boost to the banking sector. This move by the Fed signals confidence in the overall stability of the US banking system, allowing banks greater…