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The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.
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JPMorgan and Goldman Sachs boost dividends after receiving pass marks
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Federal Reserve Board's annual bank stress test confirms that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses Federal Reserve (.gov)Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules CNBCUS banks would lose $700bn in economic crash, Fed stress tests find Financial TimesJPMorgan Chase Board OKs Billions in Buybacks WSJ
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The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
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