Morgan Stanley, Bank of America raise dividends, JPMorgan keeps flat
Abstract：Morgan Stanley and Bank of America are hiking their dividends, while JPMorgan & Chase will keep theirs flat
Morgan Stanley and Bank of America said on Monday they are hiking their dividends, while JPMorgan & Chase will keep theirs flat, after the U.S. Federal Reserve gave them a clean bill of health following their annual stress tests last week.
The central bank said on Thursday the country's largest lenders could easily weather a severe economic downturn, paving the way for them to redistribute excess capital to shareholders. For more forex news, please download WikiFX - the Global Dealer Regulatory Inquiry APP.
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Twin Scam Alert: Broker Capitals is a New Domain of Finex Stock
This week, the Italy financial regulator CONSOB issued a warning against an unlicensed broker named Broker Capitals. When we clicked on Broker Capitals' website, its logo, trade name, and design seemed familiar to us.
Berkshire CEO-designate Abel sells stake in energy company he led for $870 million
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company’s Berkshire Hathaway Energy unit for $870 million.
Paying particular heed to payrolls
A look at the day ahead in markets from Alun John
Dollar extends gains against yen as big Fed hike bets ramp up
The dollar extended it best rally against the yen since mid-June on Monday, buoyed by higher Treasury yields after blockbuster U.S. jobs data lifted expectations for more aggressive Federal Reserve policy tightening.
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