Regulators encourage banks to hold onto funds

03/9/2010 | Financial Times (tiered subscription model)

Some investors are arguing that JPMorgan Chase, Goldman Sachs and others should consider buying back stocks or increasing dividends. Regulators, however, urged banks to hold off on such moves while economic and political uncertainty remains. "Regulators are gun-shy at this stage, partly because they fear that giving the green light to healthier banks to return cash to investors would prompt demands from more troubled institutions to do the same," one Wall Street executive said.

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