Interest Rates Are Up, So Why Are Bank Stocks Down?
As inflation rises, bank deposits fall by nearly $370 billion in the second quarter—the largest decline in 20 years.
Tag: bank stocks
Risk
Thank You, Fed: Some Bank Stocks Will Do Better Than Others
BofA selects 7 lenders that higher rates should benefit because they are mostly U.S.-centered.
Market Moves
Rescue for Falling Bank Stocks: An End to Payout Curbs
The Fed is set to lift buyback and dividend restrictions, says Piper Sandler, as the flattening curve harms lenders’ shares.
Asset Management Culture
Ill-Starred Investing Ace Bill Miller Posts Whiz-Bang 2019 Returns
Former Legg Mason manager, slammed in crisis, sees holdings surge 120%.