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Biggest US banks hike dividends, announce share buyba…

Pelican Press

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By Nupur Anand and Niket Nishant NEW YORK (Reuters) -U.S. banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve’s annual health check last week. The moves come after the lenders showed they have enough capital to withstand scenarios including a severe economic downturn, spiking unemployment and market turmoil. JPMorgan Chase…

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