Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel III endgame proposal to lift capital requirements for banks, said he would step down by Feb. 28, or sooner if a successor is named.
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation ...
U.S. bank stocks could be poised to deliver solid early-year gains, according to data from Bank of America, as investors ...
The bank sector’s 21.8 per cent total return in 2024 outperformed the S&P/TSX Composite by an infinitesimal 10 basis points.
Berkshire Hathaway ( BRK.A -0.09%) ( BRK.B -0.24%) owns about 45 stocks in its $300 billion portfolio, many of which were ...
Tax-loss selling opens doors for January opportunities. See why rotating into high-yield non-tech and foreign stocks can ...
In midday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 1.2% lower at 24775.30, tracking a similar 1.2% drop for the week. Energy and consumer non-durables were the only sectors in ...
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Wednesday's close will mark the end of the first five trading days of the year, a window that historically sets the tone for ...
As the Australian market navigates a challenging landscape with the ASX200 down 0.6% and nearly all sectors showing declines, investors are keeping a close eye on economic indicators both locally and ...
Shares of Union Bank of India dropped 7.8% while Bank of Baroda and Punjab & Sind Bank slid 5.9% and 5.2%, respectively.
European stocks rose on Tuesday as euro-zone inflation data for December increased, supporting the case for gradual rate cuts ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
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