DPST News and Press, Direxion Daily Regional Banks Bull 3X Shares From 12/30/19

Keefe, Bruyette & Woods analysts Frederick Cannon and Paul O'Toole see large banks' recent outperformance vs. small banks as "overdone" and "in the process of reversing." More news on: The Bank of New York Mellon Corporation, State Street Corporation, Northern Trust Corporation, Financ...

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...

Diversified big bank stocks have been on a roll since the start of earnings season. Following EPS beats, Bank of America ( BAC ), JPMorgan Chase ( JPM ), Morgan Stanley ( MS ), and US Bancorp ( USB ) are up at least +10.0% each. The Solactive Big Banks Index (biggest 10 U.S. Banks by market ca...

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...

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...

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 ... ...

Gainers:  Ipath US Treasury 10 Yr Bear ETN (BATS: DTYS )  +37.9% . More news on: iPath US Treasury 10-year Bear ETN, Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares, Direxion Daily Junior Gold Miners Index Bear 3x Shares ETF, News on ETFs, Stocks on the...

For the 5,303 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC), aggregate net income of $62.6B in Q2 rose 4.1% Y/Y, led by higher net interest income. More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, iShares U.S....