SHARJAH/WAM As part of its commitment to enhancing electricity networks and providing the best services …
Read More »US banks set to boost payouts by $30bn
Bloomberg Harsher Federal Reserve stress tests this year won’t stop US banks from increasing their payouts to shareholders. As the annual review gets underway this week, the 25 largest lenders are gearing up to announce dividends and buybacks totaling roughly $30 billion more than last year, representing a 25 percent increase, according to analysts’ estimates compiled by Bloomberg. JPMorgan Chase …
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