Fed Deems Banks Ready for Brexit, Negative Rates, Etc., As Citi Triples Dividend
Eight years after nearly collapsing during the global financial crisis, the largest U.S. banks are back, and they're ready for just about anything. At least, in the eyes of the Federal Reserve....
View ArticleBank of America Aces Fed's Capital-Spending Review After Two Fumbles
Bank of America (BAC) CEO Brian Moynihan has long promised investors that the company would return more capital to them as it grew stronger, but his plans have been complicated by two consecutive...
View ArticleThe Big-Bank Bloodbath: Losses Near Half a Trillion Dollars
Big banks are nearly half a trillion dollars in the hole. To get a handle on the severity of 2016 for banks, The Wall Street Journal examined the biggest U.S., U.K. and Swiss banks, some of the biggest...
View ArticleBrexit Adds Urgency for Foreign Banks to Pass Fed Stress Tests
Bankers have a new year to fear: 2018. That’s when the U.K. could complete its retreat from the European Union, potentially revealing the full scope of consequences for lenders entrenched in London....
View ArticleDeutsche Bank is diving
Deutsche Bank shares opened 4% lower in Germany on Thursday after the bank failed the US Federal...
View ArticleEarly movers: MS, DB, BAC, JPM, LGF, NFLX, STX, PCLN & more
Banks dominate this morning's list of stocks to watch, after the Federal Reserve's stress tests approved the capital plans for 31 of 33 banks, with only the U.S. banking units of Deutsche Bank...
View ArticleFed Approves U.S. Banks’ Capital Plans (Texas Bankers Association)
(Source: Texas Bankers Association) The Federal Reserve yesterday approved the capital plans of 30 out of 33 large banks participating in the Comprehensive Capital Analysis and Review. Only two banks -...
View ArticleMorgan Stanley Gets Rebuke For `Weakness' as Fed Approves Dividend Boost
Morgan Stanley (MS) drew a slap from the U.S. Federal Reserve for weaknesses in the way it estimates risks and decides on dividend and share-buyback levels. Unlike rival Wall Street firms such as...
View ArticleDeutsche, Santander fail Fed's stress test, Morgan Stanley gets conditional...
US bank subsidiaries of Deutsche Bank and Banco Santander yet again failed the Federal Reserve's stress test due to "broad and substantial weaknesses" in their capital planning processes. The Fed gave...
View ArticleWall Street is buying itself
Buying frenzy. With the Federal Reserve's big test out of the way Wall Street is going on a huge buying binge. That is, it is buying itself. The Dodd-Frank stress tests, which measure whether financial...
View ArticleAre American Banks Sturdy Enough to Weather Another Financial Crisis?
Last week, it was announced that the results of the first round of the Federal Reserve’s annual “stress tests”—which evaluate whether U.S. banks have enough capital to withstand a financial crisis—were...
View ArticleDeutsche, Santander Fall After Another Fed Test Failure
U.S. operations of Deutsche Bank (DB) and Santander (SAN) have again failed the Federal Reserve's stress test, leaving them unable to send cash back to their European parents and drawing a rebuke from...
View ArticleJune 30 Premarket Briefing: 10 Things You Should Know
If you'd like to receive "10 Things" in your email inbox every morning, please register for TheStreet Alerts and follow me. Here are 10 things you should know for Thursday, June 30: 1. -- U.S. stock...
View ArticleThe Fed's Bank Stress Tests Are Good News for Stock Dividends -- Here's Why
The recent results of the Federal Reserve's latest stress tests of large U.S. banks are reason for cheer among dividend investors. That's because the potential for for dividend growth in the financial...
View ArticleFed Stress Test Passed By 31 U.S Banks
NEW YORK (TheStreet) -- Thirty-one of the 33 largest U.S. banks passed the final round of the Federal Reserve's stress test late Wednesday, which granted them permission to return money to shareholders...
View ArticleTwo Banks Fail Fed Stress Tests and a Third Comes Close
The U.S. units of two foreign banks -- Deutsche Bank (DB) and Banco Santander (SAN) -- once again failed Federal Reserve stress tests, and investment bank Morgan Stanley (MS) received only a...
View ArticleFed approves Bank of America, Wells Fargo capital plans
The Federal Reserve said Wednesday it would not object to Bank of America’s capital plans, green-lighting any intentions the Charlotte company might have to boost its dividend or buy back shares. The...
View ArticleMorgan Stanley Must Resubmit Capital Plan After Fed Stress Test
Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms...
View ArticleBig banks ace Fed’s latest stress test
Most of Wall Street gets to breathe a sigh of relief, while a few have grief. Thirty banks passed the Federal Reserve’s “stress test” with flying colors on Wednesday, sparking tens of billions in stock...
View ArticleU.S. Banks Beat Fed’s Test as Deutsche Bank, Santander Fail Anew
Federal Reserve officials cleared dozens of U.S. banks to boost shareholder payouts after conducting annual stress tests that proved too rigorous, again, for subsidiaries of Deutsche Bank AG and Banco...
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