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Wall Street's Leading Banks Boost Quarterly Dividends; JPMorgan Chase Announces Share Repurchase Plan
3 day ago /
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Author：小编
The annual stress tests conducted by the Federal Reserve have revealed that all 22 participating major banks have successfully passed, showcasing their resilience in maintaining capital adequacy ratios amidst severe economic downturns. Consequently, several prominent Wall Street banks have decided to increase their quarterly dividends, among them JPMorgan Chase, Goldman Sachs, and Bank of America. Notably, JPMorgan Chase has been authorized to repurchase shares worth up to $50 billion, while Morgan Stanley has also revived its share repurchase program with a commitment of $20 billion.
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