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Wall Street Breakfast: Must-Know News
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Fri, 15 Mar 2013
Wall Street Breakfast Editors submit: Top Stories Fed OKs 16 bank capital-return programs but rejects two. The Federal Reserve has approved the capital return plans of 14 banks and rejected two - those of Ally and BB&T ( BBT ). Goldman Sachs ( GS ) and JPMorgan ( JPM ) received conditional approval ...
Strong banks are being cleared to raise dividends, but financials may not be the best place to put new money to work, according to Morningstar's Josh Peters and Jaime Peters.