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
PNC Financial Services Group Inc.

PNC Financial Services Group is a bank holding company. The company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing its products and services nationally. The company's segments are: Retail Banking, which provides deposit, lending, brokerage, insurance services, investment management and cash management products and services; Corporate and Institutional Banking, which provides lending, treasury management, and capital markets-related products and services; Asset Management Group, which provides personal wealth management; and BlackRock, which provides a range of investment and technology 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

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