Just can't make it up…wonder what reason is for easing restrictions on same day as releasing stress test results? https://t.co/6sD9Mki34P
— G Stockus (@beatlesonbankin) June 25, 2020
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"There is no accounting alchemy in the world that can make Citigroup a source of strength if it’s been paying out twice as much money as it’s been earning for 3 ½ years."https://t.co/PQLp8UXXXW pic.twitter.com/KPBrITAIKk— M/I_Investments (@MI_Investments) June 25, 2020
Bank Stocks Surge After Regulators Ease Volcker Rule, JPMorgan Chase Climbs 2%
The move is in line with the Trump administration’s broad push to roll back regulations.