Tarullo: Fed to restrain dividend policy at large U.S. banks

11/15/2010 | Wall Street Journal, The

The Federal Reserve will issue guidelines on dividend policy for large U.S. banks, requiring them to prove they have sufficient capital to absorb losses over the next two years before they increase or restore dividends to prerecession levels, Federal Reserve governor Daniel Tarullo said.

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Wall Street Journal, The

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