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KRE - U.S. Banks Look Better Than Fed Stress Tests Suggest
SPDR S&P Regional Banking
By Kurt Feuerman
The Fed's recent stress tests triggered sharp declines in US bank stocks amid concern over new capital buffer requirements. But bank fundamentals haven't changed much, and earnings may be more resilient than expected in the face of a terrible economy.
Results As Expected - With A Twist
US banks are under the microscope as the COVID-19 recession challenges the financial sector. Investors watched closely when the Federal Reserve released the results of its annual bank stress test for the country's largest banks after market close on June 25. Results were largely in