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Dow Adds to Streak of Gains as Bank Results Reassure Investors
Finances

Dow Adds to Streak of Gains as Bank Results Reassure Investors

Stocks rose, bringing an eighth consecutive day of gains for the Dow, as bank results and easing inflation overseas helped sustain the recent rally. Source

Big Banks' Earnings Had Some Bad News for Smaller Banks
Finances

Big Banks' Earnings Had Some Bad News for Smaller Banks

Regional lenders due to report results this week will likely be hit harder by rising deposit costs. Source link

Banks Are Finally Facing Pressure to Pay Depositors More
Finances

Banks Are Finally Facing Pressure to Pay Depositors More

Small and midsize banks lost hundreds of billions of dollars in recent weeks to their bigger peers and to money-market funds offering higher yields. Source

As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link