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

Express News | Barclays strategist: Buy inflation-protected assets to prepare for Trump's victory.

BreakingsJun 29 08:14

Barclays US LLC Annual Stress Test Results

Barclays PLC notes the Federal Reserve Board's ("FRB") publication of the results from its annual bank stress tests on 26 June 2024. The projected capital ratios for Barclays US LLC (Barclays' US intermediate holding

BusinesswireJun 29 05:11

Express News | Barclays strategists Michael Pond and Jonathan Hill suggest that investors buy inflation protection tools (US inflation-protected securities/TIPS) to mitigate the market risks brought by Trump's return to the White House.

BreakingsJun 29 00:07

Moody's said that interest rate cuts can alleviate the plight of the banking industry in the United States.

Many problems in the American banking industry depend on the direction of Federal Reserve interest rates.

巴倫中文Jun 28 23:09

Morgan Stanley responds to the Federal Reserve's rare optimism over the stress test results.

Banks complain that some aspects of the Federal Reserve's annual stress tests are opaque and it is difficult to understand how certain results are obtained.

Golden10 DataJun 27 23:19