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US Bancorp unfazed by Fed’s new capital buffer

Lender targets dividend payout ratio of 40%

US Bancorp signalled that prudential regulators’ proposed new capital buffer would not crimp its capital planning for 2018.

The proposal would potentially elevate minimum capital requirements for in-scope banks, by scrapping the current fixed capital conservation buffer for one calibrated in line with each firm’s worst-case losses under the Federal Reserve’s annual stress tests.

Yet the bank

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