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Posts published by “KEN SWEET AP”

Freed From COVID Restrictions, Big U.S. Banks Hike Dividends

NEW YORK — Recently freed from regulators’ coronavirus restrictions, the largest U.S. banks on Monday announced plans to return tens of billions of dollars to their shareholders over the next year in the form of dividends and stock buybacks. It’s a signal that banks are looking to reward their shareholders after last year’s pandemic-driven losses.…