WDRW News and Press, Direxion Daily Regional Banks Bear 3X Shares Direxion Shares ETF Trust

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...

Within two or three months, the whole world seems to be changing. And, most people agree, it will never be the same again. The spread of the coronavirus pandemic, the societal shutdown, and the pending economic recession are driving change. And the availability of all the new information tec...

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...

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&...

Over the past several years, the number of smaller banks in the US banking system has been declining dramatically. A banking system built that once prided itself on the community bank was moving rapidly moving to become a banking system dominated by a relatively small number of commercial bank...

Ten of Direxion Shares leveraged funds will now seek  daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, instead of 300%/-300% previously. More news on: Direxion Daily Russia Bear 3x Shares ETF, Direxion Daily Natural Gas Rela...

NEW YORK , March 20, 2020 /PRNewswire/ -- Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While...

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...