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US banks announce dividend payouts after passing Fed’s ‘stress tests’
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The Wall Street Journal - World
Big Banks Boost Dividends After Passing Stress Tests
Goldman, Morgan Stanley and others detailed their capital plans on Friday. -
MarketWatch - Business
This is how much the largest 20 U.S. banks raised dividends after stress tests
Banks increasing payouts the most included Wells Fargo and Bank of New York Mellon. -
MarketWatch - Business
Fed stress tests fall short, finance professor says
Tomasz Piskorksi of Columbia Business School says Fed didn’t include scenarios that killed Silicon Valley Bank, First RepublicFederal Reserve -
CNBC - Business
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
Last year, Bank of America and Citigroup made similar disclosures, saying that estimates of their own future income differed from the Fed's results. -
ESPN - Sports
Djokovic passes knee test in Wimbledon opener
Seven-time Wimbledon champion Novak Djokovic eased concerns about his knee Tuesday, easily defeating Czech qualifier Vit Kopriva 6-1, 6-2, 6-2 to advance to the second round.Tennis -
Politico - Politics
House GOP passes on using funding bills to target Trump prosecutors — for now
Donald Trump -
CNBC - Business
Fed and European Central Bank could cut interest rates in September, Morgan Stanley strategist says
The U.S. Federal Reserve and European Central Bank could move to cut rates in September, a Morgan Stanley strategist said Friday.Federal Reserve -
CNBC - Business
Watch Fed Chair Powell, ECB's Lagarde speak live at central bank policy forum
Federal Reserve Chairman Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum.Federal Reserve -
Financial Times - Business
Citi was money launderers’ favourite bank, US law enforcement officials say
Alleged drug traffickers fed $36,000 into cash machines, indictment claims
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Financial Times - Business
French left and centrists pull candidates from run-off vote in attempt to block far right
Move marks co-ordinated attempt to keep Marine Le Pen’s RN out of power -
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US Supreme Court says Trump immune for ‘official acts’ as president
Panel finds unofficial actions are not protected in decision likely to delay federal trial beyond November electionDonald Trump -
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Biden vows to stay in fight with Trump as pressure to quit mounts
US president’s team says he will take part in September debate despite disastrous Thursday performanceJoe Biden -
Financial Times - Business
Democrats panic as Biden stumbles in bad-tempered debate with Trump
Halting performance from president comes amid concern over age and fitness for officeJoe Biden -
Financial Times - Business
French far-right leader Jordan Bardella vows ‘cultural battle’ and demands EU rebate
Party chief ‘convinced’ Rassemblement National will secure an outright parliamentary majority in snap electionsEuropean Union