Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel III endgame proposal to lift capital requirements for banks, said he would step down by Feb. 28, or sooner if a successor is named.
U.S. bank stocks could be poised to deliver solid early-year gains, according to data from Bank of America, as investors ...
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
The bank sector’s 21.8 per cent total return in 2024 outperformed the S&P/TSX Composite by an infinitesimal 10 basis points.
Shares of Union Bank of India dropped 7.8% while Bank of Baroda and Punjab & Sind Bank slid 5.9% and 5.2%, respectively.
Berkshire Hathaway ( BRK.A -0.09%) ( BRK.B -0.24%) owns about 45 stocks in its $300 billion portfolio, many of which were ...
Sizzling returns well may continue, but our columnist suggests that it would be wise to prepare for the next storm.
We recommend buying Northwest Bancshares due to recent acquisition, strong loan growth prospects, high dividend yield, and ...
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