The recent price action in four big bank stocks suggests the sector is not yet ready to lead a new market rally.
Despite its decision to lower exposure to risky assets, the bank gave a strong Q1 performance.
Though the bank endured a painful stock drop last year, Vikram Pandit stood to collect a huge pay package. Not so fast, said shareholders.
Recovering from the financial crisis, the bank remains poised for an ongoing turnaround.
Even the most troubled of big banks are generating earnings that surpass analyst expectations, but few of the results signal any real fundamental strength for the banking industry.
March retail sales exceed forecasts, but higher borrowing costs for Spain weigh on sentiment.
Earnings from JPMorgan and Wells Fargo beat the Street this time, but the companies' gains from mortgage activity may not be sustainable.
With earnings reports and possible credit downgrades looming ahead, big bank stocks will need to weather short-term headwinds.
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