Jul
01
Banks Are Paying Out Billions to Shareholders. We Put the Numbers in Context.
ByThe nation’s largest banks, back to making big profits a decade after the financial crisis, are set to pay out billions of dollars to their shareholders.
The banks’ regulator, the Federal Reserve, signed off on the payments after the banks passed annual stress tests, whose results came out on Thursday. The Fed carries out the tests, which were introduced after the crisis, to assess how big banks would fare in a deep recession…
Banks Are Paying Out Billions to Shareholders. We Put the Numbers in Context.
