Bank stocks

Bank bonds holding their own; Warren’s beef with Wells


While bank stocks flounder, their bonds are seen as a haven against a possible recession; the senator asks bank about overdraft fees on closed accounts.


As Wells Fargo seeks new CEO, toll on stock hits $24 billion


Analysts and big investors say they cannot advocate buying more shares until the bank installs a leader with the authority to lay out a plan for the future. However, speculation about potential candidates has quieted.


Trump, bank executives huddle; Bitcoin futures trading near


The president discussed the recent market turmoil with three large bank CEOs; a daily and a monthly bitcoin contract expected next month.


Capital One hacker’s other targets; yield curve inversion slaps banks


The former Amazon employee got info from 30 other entities, prosecutors say; another bad day for bank stocks, with 3% losses typical.


United Financial could've sold for a lot more money, filing shows


People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.


Bank stocks down again; Fed mulls new bank capital buffer


Bank shares are down more than 9% this month; the Fed has never imposed the countercyclical capital buffer before.


Bank stocks take big hit as trade war fears escalate


China's decision to stop buying U.S. soybeans and let its currency depreciate raised the prospect of further interest rate cuts. That hurt banks slightly more than the rest of the market on what was a bad day for all equities.


Citi in laggard's role; EU bank CEOs have less skin in the game


Citigroup's made some strides after the battering its share price took last year, but it still trails JPMorgan Chase and Bank of America; chiefs at the top U.S. global banks own on average more than 15 times the amount of their own firm's stock than their European counterparts.


Berkshire Hathaway's BofA stake climbs above 10% amid bank's buybacks


The conglomerate run by Warren Buffett has tried in the past to keep its holdings below the 10% threshold in order to avoid heightened regulatory scrutiny.


CVB Financial finds itself in need of a new leader


Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement.