The Fed has extended its limits on bank dividends and buybacks through Q4

Author: Eamonn Sheridan | Category: Central Banks

The Federal Reserve had placed restrictions oin capital distribution by banks citing economic uncertainty.

The Bank has extended the restrictions through to (at least) the end of 2020, reiterating continued uncertainty. The restriction apply to banks with >100bn USD in assets.

Hodlers of bank shares will not be happy. 

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