UPDATE 2-Fed’s Quarles defends decision to let banks maintain dividends
A senior Federal Reserve
official on Tuesday defended before Congress the central bank’s
decision to allow lenders to continue issuing dividends, even as
the regulator seeks permission from lawmakers to further relax
capital rules.
official on Tuesday defended before Congress the central bank’s
decision to allow lenders to continue issuing dividends, even as
the regulator seeks permission from lawmakers to further relax
capital rules.
Posted by Reuters
