Buybacks

After big banks suspend stock buybacks, will regionals follow suit?

03/16/20

They are under less pressure from policymakers to halt repurchase plans, but some have already hit the brakes and others may unofficially do so if the pandemic worsens.

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Eight giant U.S. banks to suspend stock buybacks through June

03/15/20

The banks — including JPMorgan Chase, Bank of America, Wells Fargo and Citigroup — agreed to stop buying back their own shares through the second quarter, saying they will focus on supporting clients and the nation during the coronavirus pandemic.

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Senator urges banks to stop stock buybacks during coronavirus outbreak

03/12/20

Sen. Sherrod Brown of Ohio, the top Democrat on the Banking Committee, said financial institutions "need to be investing in their communities right now, not investing in their CEOs’ stock portfolios.”

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Fed finalizes new capital buffer ahead of 2020 stress tests

03/04/20

The rule establishes a measure of capital adequacy meant to simplify how banks are assessed in the Comprehensive Capital Analysis and Review program.

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Wells paying up to recruit brokers; Will JPM’s stock buybacks slow?

02/03/20

The bank is offering big bonuses to hire new financial advisors; recent share repurchases have raised the cost of future rebuys.

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Goldman may change its focus; Credit Suisse revamps investment bank team

11/12/19

Goldman may abandon its revenue goal; in an attempt to boost revenue, Credit Suisse picks new leaders for its investment banking and capital markets unit.

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Payday loans for employees; Deutsche Bank CEO pledges big stock buy

09/03/19

A growing number of companies, led by Walmart, are offering payroll advance loans to their workers; Christian Sewing said he will invest 15% of his net earnings in the German bank’s struggling shares.

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Banks rush to boost shareholder payouts after stress test results

06/28/19

Some large banks, including Bank of America and JPMorgan Chase, will increase dividends and stock repurchases by double digits.

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Stock buybacks are surging, but for how long?

05/21/19

The pace is torrid now, but it could slow if bank stock prices keep rising and one prominent lawmaker’s proposal to restrict share repurchases gains traction.

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Fed, FDIC court banks; Germany seeks to help its banks

12/13/18

The two agencies seek to end the acrimony with the companies they regulate; the government is trying to make it easier for the wounded Deutsche Bank to merge with rival Commerzbank.

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