Rate hikes

Warren calls for Sloan's head; bank groups pan Volcker 2.0

10/19/18

The senator wants the Fed to retain its asset cap on Wells Fargo until the CEO is fired; industry groups call on regulators to reconsider or scrap plans to modify Volcker Rule.

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Unwinding of Fed's balance sheet threatens bank deposit gains

07/31/17

As much as $2.5 trillion, or nearly half of bank deposit growth since the crisis, may be attributable to the central bank's quantitative easing. If investors start drawing down on their accounts to buy back assets from the Fed, the trend could dampen liquidity at certain banks, add upward pressure on deposit prices and reshape M&A.

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Northern Trust's 1Q profit climbs 13% on strong fee, asset growth

04/25/17

Double-digit gains in assets under management and administration and higher interest rates more than offset rising expenses.

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Rate hike, stock market surge push PNC's profit higher

04/13/17

Net income climbed 13% as as the Fed's hike improved loan yields and the stock market’s surge boosted returns from PNC’s stake in BlackRock, the world’s largest asset manager.

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Small banks to pass Fed rate hike on to depositors; big banks sit tight

03/15/17

Banks of all stripes are cheering what the Federal Reserve’s accelerated rate increases promise for net interest income, but big banks and small banks have conflicting notions about how they want to price deposits in the coming months.

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