Reported about 1 year ago
Big U.S. banks are anticipated to be conservative on shareholder payouts following stress test results from the Federal Reserve, showing their ability to weather economic difficulties while holding off on significant dividend and buyback distributions. The stress tests, assessing banks' financial resilience in adverse scenarios, will have a particular focus on the performance of Wall Street giants like JPMorgan Chase, Citigroup, and Bank of America, among others, while also examining the health of mid-sized banks in the industry.
Source: YAHOO