Tag Archives: share buybacks

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 …

Kevin Lamarque / Reuters The Federal Reserve on Thursday imposed new restrictions on the US banking system after its annual stress test showed that some banks may approach minimum capital levels in certain coronavirus pandemic scenarios. Banks must suspend the buyback of shares for the third quarter of the year, …