BNKZ News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - BNKZ From 12/30/19

U.S. banks' business lending activities have stalled in H2 2019, crimped by an industrial slowdown and cheap financing available in the capital markets. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ET...

Originally published on December 10, 2019 Ever since the secured overnight repo rate ((SOFR)) spiked to 10% in September, there have been dire warnings that these exceptional movements show the financial system is fundamentally broken. The story goes that the post-crisis financial system i...

Boston Fed President Eric Rosengren says U.S. banks will need additional capital buffers and more support from fiscal policy in a downturn because of the recent interest rate cuts. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S. Regional Banks ETF, News...

The news media, bank executives, the U.S. Federal Reserve (the Fed) chairman and even presidential candidates have made remarks about the recent spike in short-term funding rates. What caused the spike, and why is it important? In mid-September, there was a significant spike in the overnight...

Wall Street banks believe they'll soon be getting the go-ahead from supervisors to hold more Treasury debt and less cash in the wake of last month's turmoil in overnight lending markets, Reuters reports, citing three people. More news on: SPDR S&P Regional Banking ETF, SPDR S&P B...

By Ansh Chaudhary The ETF Deathwatch list increased in September. Twenty-five exchange-traded products ("ETPs") were added to the list and 12 funds were removed. Of the removals, 10 were removed due to increased health and two were due to asset managers closing their funds. September was a...

The Federal Reserve Board finalizes rules that tailor regulations for domestic and foreign banks to more closely match their risk profiles. More news on: Capital One Financial Corporation, U.S. Bancorp, The PNC Financial Services Group, Inc., Financial stocks news, News on the U.S. econo...

Five federal financial regulatory agencies finalize revisions to simplify compliance requirements relating to the Volcker rule. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S. Regional Banks ETF, Financial stocks news, News on ETFs, Read more ... ...

For Morgan Stanley ( MS -2.1% ), Bank of America ( BAC -1.2% ), and Wells Fargo ( WFC -0.6% ), the commission rates price war will cut 2020 EPS by ~2.3%-6.6% in a worst-case scenario, estimates KBW analyst Brian Kleinhanzl. More news on: Morgan Stanley, Bank of America Corporation, W...

Lagging deposit repricing, tight lending spreads, and lower yield curve across all points are putting pressure on banks' net interest margins, writes Credit Suisse's Susan Roth Katzke in a note. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Di...