Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic

Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic

A pedestrian passes in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, June 3, 2020.

Michael Nagle | Bloomberg | Getty Images

The Federal Reserve put new restrictions on the U.S. banking industry Thursday after its annual stress test found that several banks could get uncomfortably close to minimum capital levels in scenarios tied to the coronavirus pandemic.

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