Fed Caps Bank Dividends, Bans Buybacks Through September
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Fed Caps Bank Dividends, Bans Buybacks Through September

(Bloomberg) -- The Federal Reserve told the biggest U.S. banks they can’t increase dividends or resume buybacks through at least the third quarter as uncertainty over the course of a global pandemi...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.