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Bank stocks near a bear market as low interest rates erode earnings

The stock market is bouncing around wildly as investors try to figure out what to make of the coronavirus<…; epidemic, but the message coming from the banks is clear: It’s a bear market. The KBW... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

Wall Street slips after mixed bank earnings, Trump comments

U.S. stock indexes edged lower on Tuesday as results from Wall Street's big lenders rekindled concerns about banks coming under pressure to boost profits when the Federal Reserve is seen cutting interest rates as early as this month......»»

Category: topSource: reutersJul 16th, 2019

JPMorgan"s deposit growth slowing as customers seek higher yield

Deposit growth at JPMorgan Chase & Co, the largest U.S. bank by assets, is slowing as customers withdraw some of their money and stash it with competing banks that pay higher interest rates, a bank executive said Thursday......»»

Category: topSource: reutersMay 30th, 2019

More Americans are finally moving cash to online banks for higher interest rates

More Americans are moving their cash to online banks to earn interest of 2% or more. But many feel more comfor.....»»

Category: topSource: usatodayMay 23rd, 2019

JPMorgan"s 1Q profits rise 5%, helped by higher rates

JPMorgan Chase is reporting that its first-quarter profits rose 5% from a year earlier, helped largely by higher interest rates, which have allowed banks like JPMorgan to charge more for loans......»»

Category: topSource: foxnewsApr 12th, 2019

Tech powers Wall Street"s recovery; banks reel under Fed"s dovish stance

A tech rally led by Apple Inc pushed Wall Street's main indexes higher on Thursday, offseting losses in U.S. lenders after the Federal Reserve decided not to raise interest rates this year......»»

Category: topSource: reutersMar 21st, 2019

JPMorgan posts record profit as banks benefit from tax law

JPMorgan Chase & Co. says its first-quarter profit jumped 35 percent from a year ago, helped by higher interest rates and a lower tax bill due to the recently passed tax law......»»

Category: topSource: foxnewsApr 13th, 2018

To earn higher interest income, you have to take some measured risks

For fixed-income investors, this is undoubtedly good news, as interest rates will go up. Banks like State Bank of India, ICICI Bank, HDFC Bank and others are slowing raising deposit rates.....»»

Category: topSource: business-standardMay 3rd, 2018

Mark Sebastian"s Russell 2000 Trade

Speaking on Bloomberg Markets, Mark Sebastian of Option Pit suggested a bullish options trade in Russell 2000. He thinks higher interest rates are going to help the index to trade higher because it has a lot of small cap and mid cap banks. read more.....»»

Category: blogSource: benzingaMay 24th, 2018

US stocks edge higher as banks rise with interest rates

U.S. stocks are mostly rising Wednesday morning as banks rise in tandem with interest rates......»»

Category: topSource: foxnewsJun 6th, 2018

Dow jumps more than 200 points as banks, Boeing climb

Stocks rose on Wednesday as bank shares rallied on higher interest rates, while Boeing climbed up......»»

Category: topSource: moneycentralJun 6th, 2018

Dow jumps more than 200 points as banks, Boeing climb

Stocks rose on Wednesday as bank shares rallied on higher interest rates, while Boeing climbed up......»»

Category: topSource: moneycentralJun 6th, 2018

Why Large Cap Financial Stocks May Be the Best Q3 Buys

With interest rates trading higher, which should benefit big money center banks, and trading revenues looking better due to massive share buybacks, large financials look like a solid bet......»»

Category: blogSource: 247wallstJun 25th, 2018

U.S. banks depositors shifting money, asking for higher rates

Slowly but surely, depositors are starting to shift money from basic U.S. bank accounts to products that pay more than a sliver of a percent in interest......»»

Category: topSource: moneycentralJul 16th, 2018

Following the Fed, Central Banks Are Ready to Raise Rates

A growing number of the world’s central banks are poised to join the U.S. Federal Reserve in lifting interest rates in coming months amid solid global growth, though those plans could be scrambled by rising trade tensions between the major economies......»»

Category: smallbizSource: wsjJul 19th, 2018

10 Reasons Long-Term Treasury Yields Remain Stuck Under 3%

The message that the investment community has heard for the better part of 18 months now is that higher interest rates are coming. Yet longer-term interest rates have remained stuck under 3%......»»

Category: blogSource: 247wallstAug 11th, 2018

Fed chief Powell defends policy of gradual rate hikes

Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank's push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump's criticism of higher borrowing costs......»»

Category: topSource: reutersAug 24th, 2018

Fed"s Powell defends policy of gradual interest rate hikes

Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank's push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump's criticism of higher borrowing costs......»»

Category: topSource: reutersAug 24th, 2018

Fed"s Powell defends gradual interest rate hikes

Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump’s criticism of higher borrowing costs......»»

Category: videoSource: reutersAug 24th, 2018

Stocks advance as higher interest rates lift bank sector

Stocks rose Tuesday as banks got a boost from higher interest rates as the Federal Reserve's policymaking committee began a two-day meeting......»»

Category: topSource: moneycentralSep 25th, 2018