regional banks

Fed to Announce Which Banks Can Raise Payouts, Buy Back Stock

The Federal Reserve will announce this afternoon which banks will be eligible to raise their dividends and buy back stock. Some analysts say regional banks are likely to be the big beneficiaries. Evercore Partners says Keycorp, State Street and Northern Trust are the ones most likely to raise their payouts.

Under the Radar: Time to Buy Regional Banks?

The financial and banking industry has been hammered with a number of regional banks hit particularly hard. But Hilary Kramer says there is upside potential for some of these banks and sees value in a surprising pick: A money wiring company.