Is Citigroup Inc Plan Rejection Trouble For These ETFs? [PowerShares KBW Bank Portfolio ETF, RevenueShares Financials Sector (ETF)]

citigroupSweta Killa: One of the five U.S. banking biggies – Citigroup Inc (NYSE:C) – has been hard hit by the rejection of its capital plan by the Fed in the 2014 Comprehensive Capital Analysis and Review (CCAR) stress test. This is the second time in three
NYSE:IYG March 28, 2014 5:28pm

Banking On Dividends From The Financial Sector [Citigroup Inc, Bank of America Corp, Wells Fargo & Co, JPMorgan Chase & Co.]

financial banksBig U.S. banks are undergoing the sixth round of the Dodd-Frank Act supervisory stress test by the Fed, results of which are expected next week. Under this test, the 30 top-tier banks have to illustrate
NYSE:IYG March 16, 2014 4:23pm

Financial ETFs To Watch On Volcker Rule Implementation

bankIn the aftermath of the financial crisis of 2008, the government sought to put in a variety of rules in order to prevent such a collapse from ever happening again. At the center of this process was the Dodd-Frank regulations which came into being in 2010.
NYSE:IAI December 13, 2013 6:23pm

Can Bank ETFs Make A Comeback?

bankThough the financial sector has been one of the star performers so far this year, its growth momentum slackened in Q3 with 9.9% earnings growth. This was in stark contrast to 30% earnings growth seen in Q2 for financial equities.
NYSE:FAZ November 25, 2013 5:38pm

America’s Shrinking Deficit: Get Positioned For The Taper

Ben_BernankeETF Base:  The Fed’s bond buying spree is the largest central bank action ever. Its reversal, and eventual exit, will be even bigger.
NYSE:KBE August 14, 2013 12:55pm

The Best ETFs To Play Heading Into The End of The Year

money and investingFinancials have been all-star performers over the past year, crushing the broad market in the process. The most popular financial ETF, the SPDR Select Sector Financial Fund (XLF), is now up roughly 40% in the past year, easily outpacing the next closest sector
NYSE:IAI August 2, 2013 12:49pm

Trouble Ahead For Big Bank ETFs?

banksBanks have shown an impressive comeback following a series of hedging losses and scandals four years ago. The turnaround can be attributed to expense controls, sound balance sheets, and an uptick in mortgage activity and lower loss provisions.
NYSE:IYG July 3, 2013 1:07pm

Two Banking ETFs Looking For More Gains In Q2

bankThe broad U.S. benchmarks are now at all-time highs, buoyed by improving economic fundamentals and a loose monetary policy. As such, the SPDR S&P 500 ETF (NYSEARCA:SPY), tracking the broad S&P 500 index, is up 9.3% year-to-date.
NYSE:KBE March 29, 2013 12:57pm

What’s Driving Bank ETFs Higher? SPDR KBW Bank, PowerShares KBW Bank Portfolio ETF

bank1Eric Dutram: The financial sector which is said to be the leading indicator of the overall market trend has been lately exhibiting a bullish sentiment. In fact the recent rally in the equity market is mostly attributable to the performance of banking stocks. The possible driver of the strong performance
NYSE:KBE February 21, 2013 6:24pm

Financial ETFs Set To Rally In Earnings Season (XLF, KBE, KBWB)

financial banksEric Dutram: After days of discussion on the fiscal cliff finally coming to an end, investors are now turning their attention to the earnings announcements. Leaving aside all technical and basic factors that impact prices of stocks, it is the earnings of companies that have traditionally been impacting stock price movements.
NYSE:KBWB January 23, 2013 2:42pm

Bank ETFs Rocket In 2012 but The Rally Isn’t Over

ETF Base: Investors in banking stocks made out like bandits in 2012 despite worries of a European meltdown, slowly-improving housing market, new regulations, and falling net interest margin.
NYSE:KBE November 19, 2012 12:13am

Citigroup Inc. (NYSE:C): Financial ETFs In Focus As Vikram Pandit Quits

Eric Dutram: Vikram Pandit led Citigroup Inc. (NYSE:C) throughout the financial crisis and was a well-known example of how badly things went for many of the big banks during this troubled time. Yet, Citigroup, unlike some of its competitors, just barely survived
NYSE:IYG October 18, 2012 12:49pm

Banking ETFs 101 (XLF, KBE, PJB, KBWB)

Eric Dutram: The financial sector of the U.S economy has been one of the best performing sectors this year, both in terms of stock market performance as well as quarterly
NYSE:KBE

Citigroup Inc. (NYSE:C) Rally Lifts Financial ETFs

Stoyan Bojinov: The bulls jumped into Citigroup Inc. (NYSE:C) today after Wall Street icon Vikram Pandit stepped down as the bank’s chief executive officer. Shares of Citigroup soared to a high of $37.40 on the day bolstered by record trading volumes as investors expressed
NYSE:IYG October 17, 2012 12:34pm

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