Fed approves capital plans of 34 national, regional banks
Story Date: 6/29/2017

June 28, 2017

Winston Salem Journal - Richard Craver

The Federal Reserve Board approved Wednesday the capital plans of 34 national and regional banks, including five with a major presence in North Carolina.

As a result, shareholders of BB&T Corp., Bank of America Corp., PNC Financial Services Group Inc., SunTrust Banks Inc. and Wells Fargo & Co. are projected to gain a dividend increase and benefit from a stock-repurchase program.

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