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“U.S. Bank Shares Climb on Promise of $11 Billion Buyback Bonanza”

“Shares of the biggest U.S. banks rallied after the Federal Reserve said it would let stock buybacks resume as soon as next month, with as much as $11 billion headed to shareholders. Goldman Sachs Group Inc. rose 6.1% at 9:47 a.m. in New York, while Morgan Stanley gained 5.3% and JPMorgan Chase & Co. added 3.8%…”

https://finance.yahoo.com/news/u-bank-shares-climb-promise-145037746.html

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