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$CFG said it expects 3Q16 loan growth to be about 1.5%. Net interest margins are expected to be down slightly due to currency pressures. $CFG expects its CETI ratio (a measurement of a bank's core equity capital compared with its total risk-weighted assets) to be 11.3%. as it resumed buying back stock.
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.