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RBC Capital Markets analysts expect all large U.S. commercial and investment banks to pass the Comprehensive Capital Analysis and Review on March 14 and be permitted to return capital to shareholders, according to a Feb. 28 report.
Approved payouts could range from 10% to 100%. This was the first test to include a spike in interest rates, which lead analyst Gerard Cassidy wrote put the institutions on notice to the risk of rising rates. Regardless, all...