[ad_1] The KBW Nasdaq Bank Index is trailing the broader market by 37 percentage points this year. [ad_2] Source link
Tag: Truist Financial
Banks Lean On ‘Hot’ Deposits to Shore Up Balance Sheets
[ad_1] Brokered deposits are more expensive for banks, but for some the high cost of funding is worth it. [ad_2] Source link
Big Banks Stay Cautious as Stress Doesn’t End With a Test
[ad_1] The largest banks fared relatively well in the Federal Reserve’s stress scenarios, but they are still being conservative with buybacks. [ad_2] Source link
Online Banks Are Winning the Deposit War
[ad_1] Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. [ad_2] Source link
Banks Raise Roadblocks to Small-Business Loans
[ad_1] Lending standards are being tightened amid economic fears, leading some entrepreneurs to put plans on hold. [ad_2] Source link
Stocks Notch Weekly Losses as Investors Weigh Earnings Reports
[ad_1] Earnings season ramps up next week with Microsoft, Alphabet and Amazon on the docket. [ad_2] Source link
Stocks Fall as Recession Fears Grow
[ad_1] The Dow industrials and S&P 500 are poised for modest weekly declines. [ad_2] Source link
As Interest Rates Rose, Banks Did a Balance-Sheet Switcheroo
[ad_1] Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. [ad_2] Source link
Stocks Sink After Being Yanked by Powell Comments
[ad_1] Stocks ultimately sank Thursday after being whipsawed by remarks from Federal Reserve Chair Jerome Powell. Powell’s comments jostled markets as investors were weighing bond yields’ ascent toward 5%, the…