GL, SYF Among Top S&P 500 Financial Movers in Q2

Seeking Alpha00:43

US Banks Bump Up Dividends Following Fed's Successful Stress Test

Several prominent U.S. banks have declared their intentions to raise their dividends for Q3, following their successful performance in the Federal Reserve's annual stress test.What Happened: U.S. bank

Benzinga00:11

Express News | Pressure has increased sharply, and junior bankers on Wall Street are working up to 100 hours per week.

BreakingsJun 29 23:05

After the Federal Reserve's stress test, major Wall Street banks increased dividends and stock buybacks.

On Friday, the US banking industry announced an increase in dividend payouts, such as JPMorgan's plans to buy back $30 billion in stocks and Morgan Stanley receiving approval to buy back as much as $20 billion in stocks. Overnight on Friday, bank stocks rose across the board, with Citigroup rising 3.1% and Wells Fargo & Co. rising 3.43%.

wallstreetcnJun 29 11:10

RBC Capital Maintains Bank of America(BAC.US) With Buy Rating, Maintains Target Price $39

RBC Capital analyst Gerard Cassidy maintains $Bank of America(BAC.US)$ with a buy rating, and maintains the target price at $39.According to TipRanks data, the analyst has a success rate of 61.4% and

Futu NewsJun 29 10:32 · Ratings

Bank of America, JPMorgan, Goldman Raise Investor Payouts Post-Stress Tests -- Barrons.com

By Rebecca Ungarino The largest U.S. banks said on Friday evening that they would increase payouts to investors in moves that were generally expected after lenders sailed through the Federal Reserve'

Barron'sJun 29 07:23