Report
Eric Compton
EUR 100.00 For Business Accounts Only

No Big Surprises for 2019 Stress Tests: Money Center Banks Are the Big Winners With Repurchases

Because of last week’s Dodd-Frank Act stress tests, we weren’t expecting any surprises for the Comprehensive Capital Analysis and Review results. Only one bank ran into issues this time around, which was better than the four in 2018. This year, Credit Suisse received a conditional nonobjection, as the Federal Reserve is “requiring the firm to address certain weaknesses in its capital planning processes.” The Fed also noted that Capital One and JPMorgan had to adjust their capital plans, as both ...
Underlying
Comerica Incorporated

Comerica is a financial holding company, engaged in lending to and accepting deposits from businesses and individuals. The company's segments are: Business Bank, which provides commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services and loan syndication services; Retail Bank, which provides consumer lending, consumer deposit gathering and mortgage loan origination; and Wealth Management, which provides products and services consisting of fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch