
By Elliott R. Morss : In 2007, the banks gambled on mortgages and lost, causing the largest global recession since 1929. They then gambled on European sovereign debt and lost. And now we hear JPMorgan Chase ( JPM ) just lost $2 billion on a derivatives bet. Should this not be the last straw? There
Hickey and Walters ( Bespoke ) submit: Shares of JP Morgan Chase ( JPM ) are down another 2% Complete Story »
18% and 0.23%, respectively. Investors who are focused strictly on bank exposure might also consider SPDR S&P Bank ETF KBE , which holds 38 U.S. bank stocks and charges an expense ratio of 0.35%. As always when transacting across borders, be
By Richard Shaw ( QVM Group ): Financial stocks have historically been important to dividend oriented portfolios. The 2008 market crash, changed that in the U.S. and in the U.K., but not all over the world. There are still some bank stocks that offer above average yields -- some for attractive ...
By Richard Shaw ( QVM Group ): The SPDR KWB Bank ETF ( KBE ) has a Street consensus 12-month target price 11% higher than the last market price from 04/20/2012, based on application
By Tom Lydon : Financial sector stocks have slid back along with the broader markets over the past month, but the auspicious start to this earnings season has helped bank picks and financial sector exchange traded funds regain some of their lost strength. Companies like JPMorgan ( JPM ), Wells ...
nearly a 4% weighting in the SPDR Financial Sector ETF ( XLF ). Its weighting in XLF exceeds that of both the Bank Sector ETF ( KBE ) and the Capital Markets ETF ( KCE ), which is a mild surprise. The primary importance of XLF is there has never been a bull
By David Fry ( ETF Digest ): There's never been a bull market in history without the financial sector playing a role. After a middling performance over the last year, the financial sector has posted impressive year-to-date gains, which has coincided with a bullish market over the past few months.
By John M. Mason : There is really no reason for me to be a customer of a commercial bank. Full disclosure: I am not the customer of a commercial bank. There is really little or no reason for many people, and businesses, and non-for-profit organizations to be a customer of a commercial bank. Here
By Sageworks, Inc : By Mary Ellen Biery Only 19 of the nation's roughly 7,400 commercial banks were involved earlier last month in the Federal Reserve's test of whether the banks could weather a severe recession that included 13 percent unemployment, a 50 percent drop in stock markets and a 21 ...