The Federal Reserve requires banks to resubmit their capital return plans in light of the tensions the coronavirus places on the financial system. Olivier Douliery / AFP / Getty Images Text size The banks’ shares sank in the post-market, after the Federal Reserve took a tougher-than-expected stance on payments to …
Read More »Bank stocks rise after regulators ease Volcker Rule from era of financial crisis (JPM, GS, BAC, C, WFC)
Xinhua / Wang Ying / Getty Images The bank’s shares rose Thursday after financial regulators announced they would ease the Volcker Rule from the era of the financial crisis. The Volcker Rule generally prohibits banks from engaging in property operations and having certain relationships with hedge funds and private equity …
Read More »Bank stocks back down in off-hours trading after the Federal Reserve limits dividends and buybacks in the third quarter
Shares of the largest US banks were withdrawn on Thursday after the Federal Reserve after its annual banking system stress test voted to require financial institutions to preserve capital by suspending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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