A Federal Reserve decision that will let many banks pay dividends again is another sign that the equity markets have returned to health, and it likely will stoke investor demand for financials, according to Mary Ann Deignan, head of equity capital markets in the Americas for UBS.
The ability to pay out dividends will attract investors who were underweight on banks, and the return of capital to shareholders will differentiate U.S. banks from their "global peers," she said in an interview with an American Banker sister publication, Investment Dealer's Digest, last week.
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