The Federal Reserve is due to say today whether it approves banks' plans to pay dividends and/or repurchase stock. The process is spread out over a week so that banks can alter their programs if they don't receive Fed authorization.
Last year, the Fed told JPMorgan (JPM) and Goldman Sachs (GS) to change their capital-allocation plans.
The Fed's decision will come a week after it said that 29 out of 30 banks had passed its stress tests.
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