• While the U.S. banking systems remains "sound and resilient" with increased capital ratios, the Federal Reserve is keeping an eye on risks such as delinquency rates in certain commercial real estate loans and cybersecurity, Michael Barr, Federal Reserve vice chair for supervisions said in prepared testimony on Wednesday to the U.S. House of Representatives Committee on Financial Services.
• Also, "delinquency rates for certain consumer loans are also elevated," he plans to say. "In response to rising delinquencies, banks have increased loan loss provisions."
• In the prepared text, Barr gave little indication of progress in regulators coming to an agreement on the Basel III endgame rules regarding banks' capital requirements.
• The SPDR S&P Bank ETF (NYSEARCA:KBE) fell 0.7% in early trading ahead of the testimony, which starts at 10:00 AM ET.
• Developing... check back for updates.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。