Want to join the conversation?
On Nov. 2, S&P's Rating Service placed long-term credit ratings for $STT and the non-deferrable subordinated debt credit rating for State Street Bank on CreditWatch with negative implications. This followed Federal Reserve's Oct. 30 release of proposed TLAC and ELTD requirements for U.S. domiciled Global Systemically Important Banks, like $STT.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.