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0.00720996285776706 0.0137644745466462 0.0115796373170199 0.00764693030369241 0.00633602796591652 0.00917631636443089 0.0107057024251694 0.011824339086738
Stock impact report

Banks [Seeking Alpha]

Invesco KBW Bank ETF (KBWB) 
Company Research Source: Seeking Alpha
As clients know, we have liked and continue to like exposure to banks. We favor the big banks and have a position in the PowerShares KBW Bank Portfolio ETF (NASDAQ: KBWB ), a fund that captures the big banks. We also hold the SPDR S&P Regional Banking ETF (NYSEARCA: KRE ) and the SPDR S&P Insurance ETF (NYSEARCA: KIE ). We are overweight the sector. We will get to why in a minute. The quarterly earnings parade of the banks is underway. We mostly like what we see. Results being reported are not bad, and in some cases, are really good. Among the big banks, only Wells Fargo (NYSE: WFC ) is continuing to experience embarrassment over its behavior. Clawback of the compensation of former leaders is the latest headline. Here's a WSJ story on that sorry subject. The credit card sales affair and subsequent penalty has haunted the bank. Read that story here . Among the 15 important middle-sized regional banks, only Northern Trust failed its "living will" test, according Show less Read more
Impact Snapshot
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