Stress Test a Big Postive for Banks, Portales’s Peabody Says

Updated on
  • CLSA’s Mayo says banks will be able to up dividends, buybacks
  • Fed scheduled to release CCAR results at 4:30 p.m. in New York

A Deep Dive Into Banks: Brexit and Fed Stress Tests

The Federal Reserve’s stress tests will be a “big positive” for U.S. banks, which will all be given the ability to return capital to shareholders when results are released on Wednesday, according to Charles Peabody, an analyst at Portales Partners.

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