Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer in Running Springs, Calif. She has contributed to American Banker, Risk & Insurance and Human Resource Executive.
Katie Kuehner-Hebert is a freelance writer in Running Springs, Calif. She has contributed to American Banker, Risk & Insurance and Human Resource Executive.
Should bank directors and officers have to give up their insurance coverage for civil money penalties?
Bank stocks and the broader markets had a choppy day Tuesday amid mixed reports about industrial activity and retail sales.
Bank stocks and the broader markets rose Monday on a better-than-expected report on retail sales and a pledge by Federal Reserve Chairman Ben Bernanke to keep interest rates low.
Bank stocks were choppy Friday amid mixed economic news, falling off in afternoon trading as investors took whatever gains they had.
The KBW Bank Index fell 2.08% Thursday, as investors took gains from earlier rallies. The broader markets fell despite a better-than-expected drop in initial unemployment gains to 502,000, for the week ended Nov. 7.
Bank stocks and the broader markets rose Wednesday on encouraging news from both China and the Federal Reserve.
Bank stocks fell Tuesday as investors took their profits from Monday's rally. The KBW Bank Index fell 1.42%, after rising 3.55% the day before on news that the G-20 leaders would continue to stimulate their economies.
Bank stocks and the broader markets rose Monday after the Group of 20 leaders this weekend pledged to continue stimulating their respective economies until a recovery was more certain.
East West Bancorp's takeover of the failed United Commercial Bank not only catapulted the struggling firm to new prominence, but it also sets up a showdown in California between the two biggest Chinese-American lenders.
Bankers are grasping to find a new conventional wisdom on deposits. The quest for core deposits was supposed to be king in the new back-to-basics, retail-driven business model.
Bankers are grasping to find a new conventional wisdom on deposits. The quest for core deposits was supposed to be king in the new back-to-basics, retail-driven business model.
Bank stocks lost ground but were not punished too severely on the news Friday that unemployment had topped 10%.
Bank stocks and the broader markets rallied Thursday after better-than-expected news about jobless claims and worker productivity.
Bank stocks had a choppy day after mixed reports on the economy and the industry before closing lower.
Bank stocks rose on positive economic news and analyst upgrades. The KBW Bank Index fell into negative territory in the afternoon as investors took profits, but rebounded to close up 0.90%.
The financial crisis created a mutual interest: Many families' investments within their 529 college savings plans tanked last year, and banking companies are on the hunt for core deposits.
Citigroup Inc. dragged down bank stocks Friday after an analyst forecast significant writedowns for the battered company.
Bank stocks and the broader markets rallied Thursday on a better-than-expected increase in U.S. gross domestic product for the third quarter.
Bank stocks and the broader markets fell Wednesday on home sales declines. The KBW Bank Index fell 3.29%, the Dow Jones industrial average 1.21% and the Standard & Poor's 500 index 1.95%.
Bank stocks were off, but a broader market index rose Tuesday on mixed economic data.