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 straight from the Federal Reserve wire.

First — enforcement actions issued against a former Atlantic Union Bank employee and a former Frost Bank employee. No dollar figures released. Personal liability, not institutional. Watch both tickers for any reaction, but this is individual accountability, not a bank-level sanction.

Second — and this one moves markets. The Fed has confirmed annual bank stress test results drop Wednesday, June 24th, 4 p.m. Eastern. That's your hard deadline. Every major bank holding company is on the clock. JPMorgan, Bank of America, Wells Fargo, Goldman, Morgan Stanley, Citi — circle that date. Stress test results historically trigger after-hours moves in financials, sometimes significant. The window opens at 4 p.m. sharp.

Two weeks out. Plan accordingly.

Numbers don't lie. People do. Trade accordingly.