The Fed just put two dates on the calendar that every bank trader needs to know.
The Fed just put two dates on the calendar that every bank trader needs to know. Two items off the Federal Reserve wire. First — enforcement actions against a former Atlantic Union Bank employee and a former Frost Bank employee. No dollar figures disclosed. Personnel actions, not institutional…
Transcript
The Fed just put two dates on the calendar that every bank trader needs to know.
Two items off the Federal Reserve wire. First — enforcement actions against a former Atlantic Union Bank employee and a former Frost Bank employee. No dollar figures disclosed. Personnel actions, not institutional penalties. Watch both tickers for any spillover reaction.
Second — and this is the bigger one. Fed confirmed it: annual bank stress test results drop Wednesday, June 24th, 4 p.m. Eastern. That's your hard deadline. Every major bank holding company is in scope. Stress tests drive capital return decisions — buybacks, dividends, the works. JPM, BAC, WFC, GS, MS, C — all of them move on that release. Mark it.
Two weeks out. Vol is your friend if you know how to use it. The setup window opens now.
Numbers don't lie. People do. Trade accordingly.