CM – U.S. banks will pay an additional $ 2 billion in quarterly dividends after the Fed gives the go-ahead

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Five of the six largest US banks said Monday they would increase their payouts after the Federal Reserve lifted previous temporary restrictions on dividends and share buybacks last week.

The Outlook: The stress tests, the decision of the The Fed and the resumption of bank payouts to shareholders illustrate the strength and resilience of the U.S. economic recovery, which is set to grow nearly 7% this year by most international organizations and independent firms. Economists.

Previously were profitable Run the top issuers until Wall Street was more concerned with growth than negative earnings.

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