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Zions Rides on Rates, Loans & Deposits Amid Weak Asset Quality
The Fed's policy shift is imminent, and regional banks may gradually emerge from their predicament.
The policy shift by the Federal Reserve has led some investors to bet that Bank of America's stock is poised to rise, as interest rate cuts will provide much-needed support for some struggling banks.
Express News | U.S. Bancorp up 1.9%, Zions Bancorporation up 4.4%, Comerica up 3.5%
Express News | Valley National Bancorp up 5.7%, Fifth Third Bancorp up 1.7%,
Express News | New York Community Bancorp up 6.3%, Citizens Financial Group up 2.6%
Express News | Shares of U.S. Regional Banks Advance After Powell's Rate Cut Endorsement