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cover of episode Financials: Big Banks Passed Their Stress Tests and Visa Makes a Major Acquisition

Financials: Big Banks Passed Their Stress Tests and Visa Makes a Major Acquisition

2021/6/28
logo of podcast Industry Focus

Industry Focus

Shownotes Transcript

The Federal Reserve recently announced that all 23 banks subject to the 2021 stress tests passed with flying colors, clearing the way for dividend increases and new buyback plans. Plus, Visa (NYSE: V) is planning to acquire another open banking startup after its previous attempt to acquire Plaid didn't work out. Host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss these top stories and more on this week's episode. 

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