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Posts published by “Lyndia Guillemette”

JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress testJPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test

JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test

By Lyndia Guillemette on July 1, 2023

Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023.CNBCLarge U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan to raise their quarterly dividends after clearing the Federal Reserve's annual stress test.JPMorgan plans to boost its payout to $1.05 a share from $1 a share starting in