JPMorgan and Morgan Stanley enhance buybacks and dividends, even though Citigroup and BofA get more compact techniques

Important Points

JPMorgan claimed it was increasing its quarterly dividend 8.7% to $1.25 for every share and that it approved a new $30 billion share repurchase plan.
Morgan Stanley mentioned it was boosting its dividend 8.8% to 92.5 cents per share and authorized a $20 billion repurchase system.
Citigroup said it was boosting its dividend 5.7% to 56 cents per share and that it would “keep on to assess share repurchases” on a quarterly foundation.
Financial institution of America explained it was escalating its dividend 8% to 26 cents for every share its launch made no mention of share repurchases.

Source

Finance

When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert says

June 7, 2025

FA Playbook When it comes to saving, Gen Z asks: ‘What’s the point?’ That’s dangerous, expert says Published Sat, Jun 7 20256:15 AM EDT Greg Iacurci@GregIacurci WATCH LIVE Source

Finance

Stocks making the biggest moves midday: Petco Health, Tesla, Circle, Lululemon & more

June 6, 2025

Check out the companies making the biggest moves midday: Petco Health — The retailer slumped 22% after losing 4 cents per share in the fiscal first quarter, twice the 2-cent loss that analysts had estimated, based on FactSet data. Revenue of $1.49 billion missed the Street’s $1.50 billion consensus, while same-store sales dropped 1.3%, worse […]

Finance

Swiss government proposes tough new capital rules in major blow to UBS

June 6, 2025

Key Points The Swiss government proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital. The measures would also mean that UBS will need to fully capitalize its foreign units and carry out fewer share buybacks. The Swiss National Bank said it supported the measures […]