Fed prepares to lift dividend, buyback restrictions

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By Frank Jackman
26 Mar 2021

The Federal Reserve said this week that it would lift all of its remaining restrictions on shareholder distributions for banks that can pass its next round of stress tests.

The Fed said that most banks would be able to resume their equity dividend and repurchase programmes unimpeded after June 30, once the latest stress tests have ended.

Firms will need to remain above their risk-based capital requirements in this year's exercise if they want to be able ...

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