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Fed to lift restrictions on bank dividends, share buybacks for 'most firms' after June stress test

The central bank said that all large firms that can show they can stay above regulatory minimum capital requirements after undergoing the next stress test will no longer face those restrictions, which were imposed at the onset of the pandemic to help banks build up reserve cushions. Companies that see their levels fall below minimums during the test will have to adhere to the restrictions through Sept. 30.


Source: Economy - investing.com

Rutgers University to require Covid vaccine for students returning to campus in the fall

Banks stocks rise after hours as Fed sets date to lift buyback, dividend restrictions