News Topic: Bank stocks
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NYSE glitch was caused by manual error in disaster recovery program
NYSE gets wave of sell orders, unleashing stock market chaos
Minibubbles in U.S. banking are popping with costs in the billions
Bank of Montreal drops on $2.3 billion stock sale to hit capital hurdle
JPMorgan eclipses Meta's market value for first time since 2015
Scotiabank stock faces worst year since 2008 as new CEO enters
Inflation Reduction Act heads to Biden's desk
Recession fears plunge Canadian banks into 20% drop from record
Bank stocks unravel in worst rout since 2020
U.S. recession seen most likely to start next year: Survey
Jamie Dimon gets $56 million after old incentive snowballs
Bank CEOs’ pay climbs 28% in Canada as profit, shares rise
Warren Buffett’s top stock last year was the bank he’s been bailing on
U.S. bank stocks trapped in longest losing streak in a year
Investors flock to bank stocks, anticipating higher interest rates
Is capital haul too much of a good thing for Black-run banks?
The movement encouraging investment in banks run by African American management teams gained huge momentum in recent weeks, but a spat between one of those lenders and an activist investor highlights the potential downside. ... Read full article
'Buying Black' spurs huge gains in Carver Bank, Urban One shares
Carver Bancorp. and Urban One Inc., two companies that serve black and underrepresented communities, more than doubled on Wednesday as traders aid trends associated with supporting black-owned businesses amid global protests against police brutality. ... Read full article
Fannie, Freddie hire advisers to help raise capital; Deutsche leads the pack
Fannie Mae has chosen Morgan Stanley while Freddie Mac is going with JPMorgan Chase; the bank’s overhaul plan has helped make it the best performing big-bank stock so far this year. ... Read full article
Bank stocks slump on Fed forecast; Quicken going public
Financials drop 8.2% on prediction of low rates through 2022 and dim economic outlook; the largest mortgage originator and a top challenger to traditional lenders has filed what may end up being the year's largest initial public offering. ... Read full article