US banks rise ahead of Fed interest rate meeting

PacWest Bancorp

30/10/2023 14:09

** Shares of U.S. banks rise ahead of Fed's interest rate
decision due on Wednesday 
    ** Goldman Sachs Group  GS.N , JPMorgan Chase  JPM.N ,
Morgan Stanley  MS.N , Citigroup  C.N , Bank of America  BAC.N 
up between ~0.7% and ~1.3%
    ** US Bancorp  USB.N , PacWest Bancorp  PACW.O , Bank of New
York Mellon  BK.N , Comerica  CMA.N , M&T Bank  MTB.N , Keycorp
 KEY.N , Western Alliance  WAL.N  rise between ~0.7% and ~2.1%
    ** KBW Regional Banking Index  .KRX  and the S&P 500 Banks
Index  .SPXBK  gain 0.64% and 1%, respectively

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))