Shares of the largest US banks were withdrawn on Thursday after the Federal Reserve after its annual banking system stress test voted to require financial institutions to preserve capital by suspending share buybacks and the dividend payment in the third quarter amid the worst economic and public health crisis in …
Read More »Bank regulators ease with Volcker rule
Text size JPMorgan Chase shares rose in response to the news. Spencer Platt / Getty Images Bank investors who braced themselves for the bad news on Thursday got at least one dose of something positive: regulators eased the risk-taking restrictions imposed after the 2008-09 financial crisis. The Federal Deposit Insurance …
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