According to Odaily Planet Daily, large US banks announced dividend increases on Friday after easily passing the Federal Reserve's annual stress test. Major banks such as JPMorgan Chase and Bank of America have announced dividend increases. The regulator's assessment results show that all 31 banks participating in the test can maintain sufficient capital to withstand the test of economic recession scenario assumptions. Banks such as Citigroup, Wells Fargo and Morgan Stanley have also announced dividend increases. JPMorgan Chase and Morgan Stanley have also approved stock repurchase plans of tens of billions of dollars. JPMorgan Chase announced that it will repurchase no more than $30 billion in shares, and Morgan Stanley has reauthorized a repurchase plan of no more than $20 billion.