Welcome back. Well, the big banks all passing the Federal Reserve's annual stress test, but that's not the only reason the stocks have been heading higher over the past month. Well, our Leslie Picker joins us now with more.Hi Leslie, good to see you. What What's been driving them higher. Hey, well, good to see you, too.So, they've certainly been moving upward. The S&P bank's industry group surging to a fresh record today once again. investors driving up these names on just a slew of indications that the reg ...

the Fed announcing a proposal that was well telegraphed, well expected that does ease some capital requirements for the biggest banks uh in this country. It's responsible for uh the rise that you see there in the big banks over the last uh few weeks really and and today as well. So the details in the proposal effectively reduce capital uh tier one capital requirements by 1.4% uh for the biggest banks.uh they say that would release capital of about $13 billion for those purposes. At their deposiitories uh in ...

Paul, sit there for just one second. We've got some breaking news coming out on Fed capital requirements. We'll come back to this in just a second.Let's bring in Leslie Picker. Leslie, what's the latest. Hey, Kelly.Yes, the Fed announcing a proposal that was well telegraphed, well expected that does ease some capital requirements for the biggest banks uh in this country. It's responsible for uh the rise that you see there in the big banks over the last uh few weeks really and and today as well. So the detai ...

When it comes to the financial sector, understanding the underlying impact of bank balance sheets and key performance indicators (KPIs) can be a daunting task. However, one common indicator is always subject to directly affecting the way a bank makes money on the bottom line, and that is the capital requirement set by government regulators. Wells Fargo & Company TodayWFCWells Fargo & Company$76.10 +1.20 (+1.60%) 52-Week Range$50.15▼$81.50Dividend Yield2.10%P/E Ratio14.14Price Target$77.48Add to WatchlistIn ...