 "Big banks led by JPMorgan likely to return $80 billion to investors")
US banking giants are poised to return $80 billion to shareholders after this year’s Federal Reserve stress tests, less than last year’s elevated level that followed a pandemic-driven buyback pause.
JPMorgan Chase & Co. is set to lead the group with $18.9 billion in combined dividends and share buybacks.
Bank of America and Wells Fargo & Co. are expected to return $15.5 billion and $15.3 billion, respectively, according to the data compiled by Bloomberg based on estimates provided by analysts at Barclays.
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