BYND - Wall Street Breakfast: No More Pandemic Stress

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. No more pandemic stress Big banks could be on the verge of delivering tens or even hundreds of billions of dollars to investors following results from the Fed's stress tests today. In March, the central bank said it will end the temporary restrictions on returning capital after June 30, assuming the institutions pass the CCAR round of tests. Plans for stock buybacks or dividends are likely to be announced on Monday after the banks tinker with their proposals following the regulatory results.Bigger picture: Massive support from the Fed last year helped U.S. lenders fare far better than feared at the start of the coronavirus pandemic. The sector also amassed its biggest loan loss reserves since the financial crisis in 2008 as most of those losses didn't

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Wall Street Breakfast: No More Pandemic Stress