SPDR S&P 500 (SPY): US Bank Stocks Sink As Fed Caps Dividend...

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Thursday, 06/25/2020 4:57:13 PM

Thursday, June 25, 2020 4:57:13 PM

US Bank Stocks Sink As Fed Caps Dividends, Forbids Share Buybacks In Stress Tests

..big banks will be required to suspend share buybacks and cap dividend payments at their current level for the third quarter of this year.

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