????壓力測試只是花旗最近遇到的麻煩之一。上個月，花旗承認自己的墨西哥分公司Banamex數年來一直被人騙貸，并因此重新公布了業績。官方調查正在進行之中，而且看來至少可能有一名花旗員工參與了騙貸。美聯儲一位官員表示，否決花旗的資本計劃和此項調查無關。周三盤后交易中，花旗股價下跌了近3美元，跌幅為6%，勉強維持在47美元上方。

????資本計劃遭到美聯儲否決后，美銀表示，按照修改后的計劃，它第二季度分紅仍將從目前的每股0.01美元升至0.05美元。據此估算，美銀的全年股息收益率約為1.16%。美銀還表示，明年它計劃回購40億美元的股票，少于今年的105億美元。美銀首席執行官布萊恩?莫伊尼漢在一份公告中稱，這樣的結果讓他感到“滿意”。高盛也是在修改資本計劃之后才通過了壓力測試，但這家銀行拒絕透露在可以提高分紅的情況下將增加多少，以及獲準將多少資金用于回購股票。

????富國銀行（Wells Fargo）是上周壓力測試中表現最好的大型銀行，它表示，計劃將第二季度分紅水平從一年前的每股0.30美元提高到0.35美元。富國銀行同時稱，公司董事會已經同意明年再回購股票3.5億股。

????摩根大通（JPMorgan Chase）稱，它的分紅將從目前的每股0.38美元提高到0.40美元。它還表示，公司董事會已經授權回購65億美元股票，基本相當于摩根大通過去兩年的股票回購總規模。摩根士丹利（Morgan Stanley）稱公司分紅水平將翻番，達到每股0.10美元，而且明年將斥資10億美元回購股票。

????資本計劃被美聯儲否決的三家外國銀行的美國子公司分別為匯豐北美分行（HSBC North America）、蘇格蘭皇家銀行的美國子公司RBS Citizen's Financial和桑坦德美國控股有限公司（Santander Holdings USA）。美聯儲只考察了這些銀行在美國的業務。還不清楚美聯儲對這些海外銀行有多大的管轄權。但美聯儲的發現可能意味著這些銀行整體上出現了問題。比如說，過去兩年Santander一直都很難實現自己制定的財務目標。

????美聯儲理事丹尼爾?塔魯洛在一份公告中稱：“每一年，我們都能看到銀行業全面提高了對壓力之下自身資金需求的評估能力，也能看到風險衡量和風險管理措施的持續改善，這為制定良好的資本計劃提供了支持。不過，隨著我們不斷提高對國內一線銀行風險管理質量的期望值，銀行和監管機構都有更多的工作要做。”（財富中文網）

????譯者：Charlie

????The stress tests only adds to Citi's recent problems. Last month, Citi was forced to restate its earnings after admitting that its Mexican unit, Banamex, had been the victim of a multi-year loan fraud. Officials are investigating and it appears at least one Citi employee may have been in on the fraud. A Fed official said the rejection of the bank's capital plan had nothing to do with that inquiry. Citi's shares dropped nearly $3, or 6%, to just above $47 in after hours trading.

????Despite the Fed's initial rejection, Bank of America said it will increase its dividend to $0.05 a share, from a current $0.01, in the second quarter, based on its revised plan. That will give the bank an annual dividend yield of about 1.16%. It also said it planned to buy back $4 billion worth of its own stock in the next year. That was down from $10.5 billion a year ago. CEO Brian Moynihan said in a statement that he was "pleased" with the results.

????Goldman, which also passed the test only based on its revised plan, declined to say how much it would increase its dividend, if at all, or what it was approved to spend on share repurchases.

????Wells Fargo (WFC), which came out of last week's stress test looking the strongest of the big banks, said it plans to up its dividend to $0.35 a share in the second quarter, up from $0.30 a year ago. The firm also said its board had approved the bank to buyback an additional 350 million shares in the next year.

????JPMorgan Chase (JPM) said it was upping its dividend to $0.40 a share, from a current $0.38. It also said its board had authorized $6.5 billion in stock buybacks, which roughly equal to what the bank has spend repurchasing shares over the past two years. Morgan Stanley (MS) said it would double its dividend to $0.10 a share, and spend $1 billion buying back shares in the next year.

????The three U.S. subsidiaries of foreign banks that had their capital plans rejected were HSBC North America, RBS Citizen's Financial and Santander Holdings USA (SOVPRC). The Fed only looked at the U.S. divisions of those banks. And it is unclear how much authority the Fed has over the overseas banks. But the Fed's finding might signal troubles at those firms in general. Santander, for instance, has struggled to meet its own financial projects during the past two years.

????"With each year we have seen broad improvement in the industry's ability to assess its capital needs under stress and continuing improvements to the risk-measurement and -management practices that support good capital planning," said Federal Reserve governor Daniel Tarullo in a statement. "However, both the firms and supervisors have more work to do as we continue to raise expectations for the quality of risk management in the nation's largest banks."