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Function: DB
Wall Street banks hike shareholder payouts after Fed gives the green light
Wall Street banks hike shareholder payouts after Fed gives the green light
Analysts and investors had expected the country#39;s largest lenders to start issuing as much as $130 billion in dividends and stock buybacks from next month after the Fed last week ended emergency pandemic-era restrictions on how much capital they could give back to investors.
Analysts and investors had expected the country#39;s largest lenders to start issuing as much as $130 billion in dividends and stock buybacks from next month after the Fed last week ended emergency pandemic-era restrictions on how much capital they could give back to investors.