UPDATE: In wake of bank stress tests, shareholders will learn soon whether Fed will approve capital plans - Winston-Salem Journal: National / International Business

Wednesday, September 2nd, 2015

UPDATE: In wake of bank stress tests, shareholders will learn soon whether Fed will approve capital plans

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Posted: Friday, March 21, 2014 11:43 pm

Shareholders in all but one of the nation’s 30 largest banks could learn in five days whether the Federal Reserve will sign off on their bank’s capital plans, which could include a dividend hike and share repurchases.

Those banks are required to do stress test assessments twice annually to gauge the potential impact on their operations and capital levels as part of the Dodd-Frank financial reform law. The banks released their assessments Thursday.

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