Keefe Bruyette & Woods has published a research report on Large Cap banks after the FDIC Issues Two Deposit Insurance Proposals.
In the report, KBW writes "On Tuesday, the FDIC issued two proposals on deposit insurance. The first is a proposal as mandated by Dodd-Frank which changes the way that deposit insurance premiums are calculated. The second is the re-issuance of a proposal from several months ago, which shifts the burden of paying deposit insurance premiums away from smaller banks and toward larger banks. Neither proposal is a surprise but the details, especially of the new assessment methodology, can have varying impacts of different institutions."
Companies related to this report include:
Bank of New York Mellon BK
Target Price: 31.00
Northern Trust Corp NTRS
Target Price: 47.00
State Street Corporation STT
Target Price: 53.00
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorAnalyst RatingsAsset Management & Custody BanksBank of New York MellonFinancialsKeefe Bruyette & Woodsnorthern trust corpState Street Corporation
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in