Morning Scan: Fed's Big 'Stress Test' Reveal Ahead

06/21/16

Receiving Wide Coverage ...

The Federal Reserve has a way of injecting "stress" back into the term "stress tests" — at least for Bank of American and Citigroup, which have both stumbled during the examinations in recent years.

An analysis by the Wall Street Journal finds that the two banks could have returned as much as $24 billion more to shareholders if the level of dividends and share buybacks they offered had matched those of competitor Wells...

[more]