Wells Fargo Stock Leads Bank Gains As Fed Stress Tests Boost Dividend Bets - TheStreet


6/24/2022 12:00:00 AM3 years 8 months ago
by Martin Baccardax

Wells Fargo and JPMorgan traded higher Friday after the Federal Reserve said that all of the nation's largest banks could weather a severe shock to the U.S. economy in an assessment that will allow them to boost shareholder returns over the coming year.

Updated at 12:53 pm EST Wells Fargo  (WFC) - Get Wells Fargo & Company Report, and JPMorgan  (JPM) - Get JP Morgan Chase & Co. Report traded higher Friday after the Federal Reserve said that… [+2977 chars]

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