Chemical Financial (CHFC)
$42.04 0.00 (0.00%)
18:09 EDT CHFC Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 3.00B
PE Ratio 17.66
Volume (Avg. Vol.)
Day's Range 42.04 - 42.04
52-Week Range -
Dividend & Yield 1.18 (2.81%)
CHFC Stock Predictions, Articles, and Chemical Financial News
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From Seeking Alpha
Minneapolis Fed President Neel Kashkari urges big investors who own shares in and trade with the U.S.'s largest banks to push lenders to boost capital levels in order to reduce risks in the financial system."If the largest pension plans in America got together and said we aren't going to trade with banks that do not have at least 24% equity, they would increase their capital levels," he said in remarks at a virtual event held by the Council of Institutional Investors.The organization is comprised of large investors managing ~$4T of assets for pension funds, endowments, and foundations.Kashkari has been advocating for higher capital requirements since he took his role as head of the Minneapolis Fed in 2016.