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Another Reason To Consider Bank ETFs
Thursday, June 2, 2016 - 10:18am | 577Once lagging financial services stocks and exchange traded funds have recently sprung to life amid speculation the Federal Reserve is nearing its first interest rate increase of 2016, perhaps as soon as this month. However, there are reasons investors should consider ratcheting up exposure to the...
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Citi Comments On Bank Of America Press Reports
Wednesday, June 29, 2011 - 9:04am | 87According to Citi, Bank of America (NYSE: BAC) is nearing a settlement with Gibbs & Bruns representing an investor group as owners of MBS securities. Citi said that key points from the press are, “1) the settlement is for $8.5 bil, 2) the proceeds of the settlement would go to the trustee to...
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PNC Financial Services (PNC) Leads Regional Banks Higher
Monday, February 22, 2010 - 12:14pm | 84Shares of PNC Financial Services Group Inc. (NYSE: PNC) led regional bank shares higher after Bernstein upgraded its rating of the stock from Market Perform to Outperform. Regional banks like PNC Financial Services Group and Zions Bancorporation (Nasdaq: ZION) are not seen as facing as much as much...