- Floating Rate Non-Cumulative Preferred Stock, Series A - $252.78 per share (equivalent to $0.25278 per Depositary Share)
- 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share
The Oracle of Omaha isn't the only investor likely to benefit from Federal Reserve stress-test results, but his gains will be measured in the billions.
Some big banks including Goldman Sachs, Morgan Stanley and JPMorgan barely passed a new test that considers off-balance sheet assets. Even so, most are hiking payouts over the next year.
It's a classic example of headline risk on a topic Wall Street would prefer to avoid.