Concord Monitor |
Bank stocks defy market downturn on dividends, stock buyback plans
USA TODAY The 34 banks assessed by the Fed — including J.P. Morgan Chase, Bank of America, Wells Fargo and Citigroup — each generally have at least $50 billion in assets representing more than 75% of the assets of all U.S. banks. Since 2009, the companies have … Fed approves dividend, buyback plans of all 34 biggest banks Federal Reserve Says All 34 Big Banks Passed ‘Stress Test’ For the first time, all US banks pass Fed’s stress tests |