CNBC's Dominic Chu looks at the market reaction to the Federal Reserve statement. » Read More
Keith Davis is a Farr, Miller & Washington Partner and serves in the roles of financial sector analyst and our firm's economist. Much of my weekly market posts are crafted by Keith. Currently, we hold two banking stocks: JP Morgan and Goldman Sachs. Keith's thoughts on banks follow.
The stress test results gave banks 30 days to come up with a plan for raising capital and then six months to execute on the plan. Well, no offense to Big Brother, but the banks are tripping over themselves to sell equity to be in the position to repay the double-dealing government overlords.
Stocks are poised for a rebound at the start Tuesday, with investors dipping back into stock index futures following Monday's sharp declines.
The S&P 500 fell on Monday as investors booked profits in financial sector with comments made by widely followed banking analyst Whitney Tilson on CNBC fueling the sell-off.
The S&P 500 slipped down into negative territory by midday Monday driven by heavy profit taking in the financial services sector. How should you be trading?
Bill Losey is feeling confident enough about the health of the financial sector to begin recommending bank stocks to his clients.
Cramer explains why it was wrong to force the New York Federal Reserve chairman to resign.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
This week on CNBC’s Kudlow Report I repeatedly called for the resignation of New York Fed chairman Steve Friedman over his blatant conflicts of interest with Goldman Sachs.
Wall Street breathed a sigh of relief after Thursday's stress-test results, but didn't dispel the uncertainty over some of the most troubled financial giants. The stress tests—a key Obama administration effort to boost confidence in the financial system—showed nine of the 19 biggest banks have enough capital to withstand a deeper recession. Read and hear what the experts had to say... (Updated)
In the world of banking, too-big-to-fail may be in the process of morphing into too-big-to-exist.
Jobs and financials each gave investors cause for relief — and continued questions. Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights on the bank stress tests, the economy and the stock market.
Results of the bank stress tests were greated with a sigh of relief on Wall Street but didn't end the uncertainty over some of the most troubled financial giants..
Wall Street breathed a sigh of relief after Thursday's stress-test results, but didn't dispel the uncertainty over some of the most troubled financial giants. The stress tests—a key Obama administration effort to boost confidence in the financial system—showed nine of the 19 biggest banks have enough capital to withstand a deeper recession. Read and hear what the experts had to say...
Has government involvement in the financial sector been beneficial to the largest U.S. banks? After the completion of the government’s bank stress tests, results showed that 10 out of the nation’s 19 largest banks need to raise ~$75 billion in capital to become more solvent.
The bears will tell you that Thursday’s declines were reasons for worry. Here’s why they are wrong.
U.S. regulators told top banks to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest recession in decades.
While few expect banks to lead the market, reaction to the stress test results could signal where stocks are headed next.
At long last the official results of the bank stress tests are out. Should you buy the news, short the losers or head to the sidelines?
While sifting through the results of the stress tests, the traders were stunned by a piece of breaking news.