Paul Morigi / Stringer / Getty Images US banks which passed the latest round of Fed stress tests are now free to boost dividend payments and share buybacks. Warren Buffett’s Berkshire Hathaway is one of the largest shareholders in multiple banks, and is now in line for around $1.7 billion worth of extra dividends. The US Federal Reserve announced the results of its latest banking stress tests late last week, and most US banks passed with flying colours. The stress tests were introduced after the 2008 global financial crisis in order to ensure US banks were protected in the event of another liquidity squeeze.See the rest of the story at Business InsiderNOW WATCH: This is how moveable prosthetic covers are made for bionic limbsSee Also:LEBRON JAMES: How the king of the NBA and the new king of Los Angeles spends his millionsHere's what the typical American worker earns at every ageEverything we've heard so far about the Pixel Watch, the rumored Google smartwatch said to be coming later this year