Federal Reserve picked the brain of a wise man when they started taking the US banking system seriously. Oh! Or was it the 2008 economic crisis that forced them to think straight? Whatever the case was, the US central bank has taken a serious notice of the US banks and late in 2011, laid out […]
Mar 16 2012 | Posted in
Business |
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Bank of America BofA cleared the stress test with 5.9% capital ratio. It is not believed to have proposed any additional capital returns after proposed dividend hike was rejected in 2011. Capital One Financial The institute passed stress test with 7.8% capital ratio. Regions Financial The bank passed stress test with 6.6% capital ratio, announced […]
Mar 16 2012 | Posted in
Business |
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JPMorgan Chase One of the too big to fail, passed stress test with 5.4% capital ratio under stressed scenario, including proposed captal actions through 2013. Increased its dividend 20% to 30 cents per share, from 25 cents, authorized a $15 billion stock buyback. US Bancorp With a margin US Bancorp passed stress test with 5.4% […]
Mar 16 2012 | Posted in
Business |
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Federal Reserve laid out a stress test for major financial institutions in the US. There are currently 19 banks on FRS’ subject-list; among them major parties are Bank of American, JP Morgan Chase and Goldman Sachs Group. The statement issued by the Fed ordered these financial goliaths to undertake a test to see if they […]
Nov 23 2011 | Posted in
Business,
USA |
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