BNKU News and Press, MicroSectors U.S. Big Banks Index 3X Lev From 05/15/20

Gainers:  Natural Gas -3X Inverse ETN Velocityshares (NYSEARCA: DGAZ )  +41.4% . More news on: VelocityShares 3x Inverse Natural Gas ETN, BMO MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN, Direxion Daily Real Estate Bear 3x Shares ETF, News on ETFs, Stocks on the ...

By Ansh Chaudhary The ETF Deathwatch decreased in size in March. Sixteen exchange-traded products ("ETPs") were added to the list, and 54 funds were removed. Thirty-three of those funds were removed due to increased health and 21 were due to asset managers closing their funds. The low numb...

As the Fed puts finishing touches on its Main Street Lending Program, U.S. banks are pressing for changes that would allow for more rate flexibility and smaller loans, Reuters reports. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S. Regional Banks ETF...

Gainers:  DB Crude Oil -2X ETN Powershares (NYSEARCA: DTO )  +81.4% . More news on: DB Crude Oil Double Short ETN, BMO MicroSectors FANG+ Index 3X Leveraged ETN, Direxion Daily S&P Biotech Bull 3x Shares ETF, News on ETFs, Stocks on the move, Read more ...

Under the $350B in loans being offered to U.S. small businesses as part of the massive $2.2T coronavirus relief package signed last week, banks will be earning fees from the federal government that could amount in the billions. More news on: SPDR S&P Regional Banking ETF, SPDR S&...

Banks will be able to exempt any holding in U.S. Treasury debt or deposits at the Fed from their calculations of supplementary leverage ratio, or SLR, a leverage restriction imposed on the largest U.S. banks. More news on: Citigroup Inc., JPMorgan Chase & Co., Bank of America Corpora...

Recent History It has been Goldilocks times for banks in the last two years. Profits have been strong, loans have grown, interest margins have been solid, and problem loans have been low. Two items of note have occurred in the past two years. The biggest item was the tax rate cut effecti...

Traditional banks risk losing billions of dollars in retail revenue in the next three to five years as new competitors lure customers with no-fee banking services and regulators in some markets demand simple banking fee structures, according to a report by Accenture. More news on: SPDR S...

Even before coronavirus clouded the global economic outlook, Odeon Capital analyst Dick Bove was warning that the banking industry's business model was changing radically and would result in lower margins and profits for most of the companies in the sector. More news on: Financial Select S...

The Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency extend the public comment period for proposed changes to the Community Reinvestment Act by an addition 30 days to April 8, 2020. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ...