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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
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- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
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- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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5/31 Weekly and Monthly Recap: Financial Stocks Lose Big for Week and Month (Goldman, Morgan Stanley are Notables)
by Howard Haykin
The Financialish 30 Index declined 3.7% for the week ended 5/31/19, underperforming the S&P 500 Index, which declined 2.6%.
Among the 10 Largest Financial Stocks ...
- U.S. Bancorp (-2.0%) and Berkshire Hathaway (-2.0%) incurred the smallest losses this week.
- Morgan Stanley (-4.7%) and Goldman Sachs (-5.7%) were the biggest losers - for the 2nd consecutive week.
The Financialish 30 Index declined 8.0% for May 2019, significantly underperforming the S&P 500 Index, which declined 6.6%.
► All stock prices obtained bove 10 stocks are ranked by market capitalization. [Yahoo! Finance]
► Click here for 5/31 closing prices of all stocks in the Financialish 30 Index.
