Wells Fargo, Bank of America Hold Potential For Buybacks
Over the next three years, the banking industry is poised to return nearly all of its excess capital and close to 100% of non-retained earnings annually to shareholders, believes RBC Capital Markets.
Gerard Cassidy and the team at RBC Capital Markets, however point out that such return of excess capital would be tempered by regulatory considerations such as CCAR and SLR.
Earlier, Bernstein in its report . . .
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