Clearly, it’s good to be in tech this year. Banks, not so much. The proof is in this tweet from the CEO and co-founder of Roundhill Investments, Will Hershey, who presented the most important winners and losers in the stock market so far this year. As you can see JPMorgan …
Read More »Are your bank’s stock dividends safe? Stress test results put pressure on future payments
(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
Read More »Are your bank’s stock dividends safe? Stress test results put pressure on future payments
(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
Read More »