FAS News and Press, Direxion Financial Bull 3X Shares From 02/11/20

As part of its efforts to help banks transition from their reliance on the LIBOR benchmark, the Fed is working with regional and larger banks on the possibility of creating a credit-sensitive rate. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF,...

Consumers took on more debt in December with revolving credit (i.e., credit card debt) making the biggest jump, the Federal Reserve Board said in its monthly consumer credit report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Dail...

The Federal Housing Finance Agency is considering opening up Federal Home Loan Banks lending to nonbank mortgage institutions and real estate trusts, the Wall Street Journal reports. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Cappe...

U.S. bank stocks dip along with the slide in long-term Treasury yields, pulling the Financial Select Sector SPDR ETF (NYSEARCA: XLF )  down 0.8% . More news on: Financial Select Sector SPDR ETF, Bank of America Corporation, Citigroup Inc., Financial stocks news, Stocks on the move, Ne...

S&P Global Ratings expects banks' revenue and earnings to be pressured by low rates. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, Earnings news and commentary, News on ET...

U.S. bank stocks have outperformed Japanese and European banks in recent year thanks to the lack of negative interest rates, said Jeffrey Gundlach, CEO of DoubleLine Capital, in his "Just Markets" webcast. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Sha...

Even with low interest rates, which limit banks' ability to make money on lending, the number of problem banks is the lowest since early 2007, according to the Federal Deposit Insurance Corp. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direx...

With the new year  comes a new accounting standard  that will affect most big lenders in how they reserve for potential losses on loans. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Finan...

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...

The biggest banks gain after strong consumer spending bodes well for the nation's lenders. More news on: Citigroup Inc., JPMorgan Chase & Co., Wells Fargo & Company, Financial stocks news, Consumer stocks news, News on ETFs, Read more ...