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Fed Decision Could Bring Bank Stocks Into Bull Market
Saturday, December 19, 2020 - 10:02am | 401Traders waiting for a better moment to get into bank stocks may have gotten one. What Happened: The U.S. Federal Reserve Board released a statement after markets closed on Friday that clears the way for major banks to restart share repurchases. The decision was part of the Fed's stress-testing...
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Jamie Dimon: JPMorgan Could Theoretically Buy Every Bank's Stress-Test Losses
Thursday, April 7, 2016 - 9:10am | 338JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon touted his bank's financial strength in the bank's annual letter to shareholders. According to Dimon, JPMorgan Chase "did absolutely fine" during the 2008 and 2009 financial crisis, as the bank "never lost money," continued to serve clients and...
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Banks Authorized to Buyback $30 Billion in Stock After Stress Tests
Friday, March 15, 2013 - 10:06am | 622Thursday evening, the Federal Reserve released the second part of the stress test results for the nation's largest banks and financial institutions. In all, 16 of the nation's 18 largest financial institutions had their stress tests and capital plans approved by the Fed, with two of the 16 having...
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Benzinga Market Primer: Friday, March 15: Quadruple Witching Day
Friday, March 15, 2013 - 6:43am | 840Futures Flat On Bank of Japan Confirmations, European Summit, Quadruple Witching U.S. equity futures were little changed in early pre-market trade as the latest European summit to target growth continued and the Japanese upper house of parliament approved the three new Bank of Japan board member...
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The Must Know ETFs For Bank Stress Tests
Thursday, March 7, 2013 - 3:54pm | 833With results from another batch of Federal Reserve stress tests on U.S. banks expected to start trickling in later today, the sector is showing signs of life, but investors need to remember something. These are not the Comprehensive Capital Analysis and Review, or the stress tests that really have...
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European Stress Tests Delayed
Wednesday, June 1, 2011 - 1:38pm | 196According to the Wall Street Journal, the latest round of European stress tests will be delayed until regulators, banks, and their supervisors can come to an agreement on the data being submitted. The results were supposed to be released this month, but will be released in July. The European...