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$ZION 2Q15 Q&A: Jeff of Autonomous asked about raising $50Bil threshold for inclusion within CCAR to something higher than your current asset size. Paul explained that we spend about $20MM last year in direct cost on CCAR stress testing exercise, I don't expect all that would go away, but expect that number would probably moderate significantly.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.