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

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

Craig Montgomery Named Chief Strategy Officer at Lower

PR NewswireJun 27 21:20

Express News | JPMorgan: Federal Reserve's stress test results are more optimistic than expected.

BreakingsJun 27 14:22

Powell's prediction came true, the Fed really took action this time!

Insiders revealed that the Federal Reserve will launch a weakened version of the capital buffer plan, greatly reducing the burden on Wall Street banks.

FX168Jun 26 07:57