Fed limits bank payouts, suspends share buybacks – Yahoo Finance

The Federal Reserve will disallow huge banks from increasing their dividend payments, following the central banks annual stress tests that included a “sensitivity” analysis integrating the impact of the COVID-19 crisis. Calvin Schnure, Nareit Senior Economist & & Former Federal Reserve Economist, joins Akiko Fujita to discuss.This section originally aired on June 26, 2020. Register For Yahoo Finance: https://yhoo.it/2fGu5Bb
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