Regional Banks Hit By Fed’s “No Taper” DecisionMani
Regional banks are affected by the recent Federal Reserve’s ‘no taper’ decision, according to a recent research report from Citigroup Inc. (NYSE:C).
Josh Levin of Citi Research points out Citigroup Inc. (NYSE:C)’s regional bank coverage universe is down by about 5 percent since the ‘no taper’ announcement made by the Federal Reserve, while the S&P 500 remained flat.
The following graph displaying stock performance . . .
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