WS #10632
Large US banks passed Fed stress tests, leading JPMorgan to raise dividend and announce $50B buyback, Goldman Sachs to increase dividend 11%, and State Street to increase dividend 10%.
Fed Stress Test Results: Banks Pass, Dividends Raised
Large US banks passed Fed stress tests, leading JPMorgan to raise dividend and announce $50B buyback, Goldman Sachs to increase dividend 11%, and State Street to increase dividend 10%.