The Federal Reserve said that it would lift restrictions on share buybacks and dividend payments for most US banks after June 30, putting an end to limits it introduced in the early months of the pandemic.
The decision — which was made unanimously by members of the Fed board — will apply to banks that pass this year’s stress tests, in which the central bank gauges the resilience of individual institutions to a new economic shock.
It reflects growing confidence at the Fed about the US outlook and confidence that the biggest banks have weathered the economic storm triggered by the pandemic.
您已阅读36%(593字),剩余64%(1042字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。