Shareholders may have to wait for months to retrieve capital after U.S. regulators told banks not to increase dividends or buy back shares amid political and economic uncertainty surrounding the financial industry, the Financial Times reported on Wednesday.
Executives at JPMorgan Chase & Co (JPM.N) and Goldman Sachs Group (GS.N) have talked in public and to [...]
Posts Tagged ‘economic’
Regulators tell banks to restrict dividends, buybacks: report
March 10th, 2010 by HardMoney Writer
Tags: banks, buybacks, credit crisis, economic, financial industry, shareholders, us regulators
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