From CNBC: 2024-06-28 18:14:29

Top banking executives testify before Senate Banking Committee in Washington, DC. JPMorgan Chase and Morgan Stanley announce dividend increases and share buybacks. Citigroup raises dividend and hints at future share repurchases, while Bank of America boosts dividend with no mention of repurchases. Banks pass annual stress test by the Federal Reserve. JPMorgan announces plans to return excess capital to shareholders.

Read more: JPMorgan and Morgan Stanley boost share buybacks as rivals take smaller steps