首页 社会内容详情
线上博彩网址(www.99cx.vip)_Real stress hurts bank buybacks

线上博彩网址(www.99cx.vip)_Real stress hurts bank buybacks

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

线上博彩网址www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。线上博彩网址上线上博彩网址会员登录线路、线上博彩网址代理网址更新最快。线上博彩网址开放皇冠官方会员注册、皇冠官方代理开户等业务。

,The just-published results of the Fed’s theoretical crisis exams showed big banks have plenty of capital to survive a severe shock. At the same time, the Fed has already told JPMorgan Chase & Co, Citigroup Inc and Goldman Sachs Group Inc to build in bigger cushions next year to guard against the systemic risks they present.

JEROME Powell is putting big United States banks through two stress tests.

The Federal Reserve (Fed) chair’s merciless interest-rate increases are hitting asset values hard, and that’s likely to prove painful in second-quarter earnings and beyond.

Share buybacks by most big banks are already slower this year than last as they cope with billions of losses on government bonds they own and potentially on debt deals underwritten for clients.

Meanwhile, the just-published results of the Fed’s theoretical crisis exams showed big banks have plenty of capital to survive a severe shock.

It ran tougher scenarios than last year, including a bigger rise in unemployment and drop in home prices.

At the same time, the Fed has already told JPMorgan Chase & Co, Citigroup Inc and Goldman Sachs Group Inc to build in bigger cushions next year to guard against the systemic risks they present.

And yet for shareholders, the news is that dividends and buybacks in 2023 will still likely be extremely healthy.

In forecasts made ahead of the Fed’s stress test result, JPMorgan was expected to lead the pack with dividends and buybacks in 2023 adding up to US$19bil (RM84bil) to US$21bil (RM92bil), according to estimates from analysts at Barclays and Jefferies.

That is way down from 2021’s total of nearly US$30bil (RM132bil), but that included profits held over from 2020 during the depth of the Covid crisis.

Bank of America Corp (BofA) and Wells Fargo & Co are next in line, both forecast by Barclays to return a total of more than US$15bil (RM66bil) and by Jefferies to return nearly US$21bil (RM92bil), again much lower than last year.

Morgan Stanley follows, then Citigroup, and Goldman brings up the rear with estimated payouts of US$6bil (RM26bil) (Barclays) to nearly US$8bil (RM35bil) (Jefferies).

The banks can start outlining their capital plans next week.

Next year’s buybacks are likely to be better than this year’s, especially for the big deposit taking commercial banks.

JPMorgan has already slowed share repurchases this year in part because of declining values of Treasuries held on its books as interest rates rose.

Executives at BofA, Wells and Citi made cautious comments about stock repurchases during first-quarter earnings calls.

All four suffered billions in unrealised losses in the first three months of the year and are likely to do so again because of further Fed rate increases.

Very short-term Treasury yields and very long-term ones have risen more in the second quarter than in the first.

  • USDT支付平台(www.trc20.vip) @回复Ta

    2022-07-09 00:13:48 

    usdt官网API菜宝钱包www.caibao.it是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台、usdt跑分平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt无需实名寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键无实名出售Usdt。干脆利落不拖沓

发布评论