Morgan Stanley, Wells Fargo & Company Unveil Buyback Plan

Mani

Published onMarch 27, 2014

Updated on May 13, 2021

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.

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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 capital plans of 25 bank holding companies participating in the CCAR. However the Fed objected to the plans of the...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Morgan Stanley, Wells Fargo & Company Unveil Buyback Plan

Fed approving CCAR of 25 banks

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