Lenders had an upbeat week as every one of the US banks subject to the Fed’s annual stress tests passed without suffering any major dings. This freed JPMorgan Chase, Goldman Sachs, Morgan Stanley and Bank of America,

All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.

Wall Street's largest lenders boosted their dividends after passing this year's Federal Reserve (Fed) stress tests, a hurdle that regulators made easier to clear by softening some of the requirements laid out in previous years.