Morgan Stanley (NYSE:MS) announced buybacks of up to $1 billion and Wells Fargo & Company (NYSE:WFC)’s board approved plans to buy back an additional 350 million shares.
The Fed has approved capital plans from 25 of the 30 financial institutions participating in the Comprehensive Capital Analysis and Review (CCAR).
Fed approving CCAR of 25 banks
The Federal Reserve on Wednesday announced it has approved the...