Morning Scan: Lenders' Private Equity Counsel Conflict; Sanders...

Wall Street Journal

Bank stocks, measured by the KBW Nasdaq Bank Index, rose 35% in 2013, boosted by hope that then-Fed Chairman Ben Bernanke would raise interest rates, David Reilly writes in a short "Overheard" column. Then 2014 arrived and the waiting game began. The KBW index rose only 7% for the year, trailing the overall market's performance. Things got worse last year, as bank stocks lost 1.6% for the year. ...