Bank Stocks Mover Higher as SIFI Capital Buffer Less Stringent (BAC) (C) (JPM) (WFC)

Large bank stocks are moving higher after CNBC reported that additional capital buffer for SIFIs will be 2.2-2.5% versus the 3% many were anticipating.

Around the Sector:
Bank of America Corporation (NYSE: BAC) +1.9%
JPMorgan Chase & Co. (NYSE: JPM) +0.2%
Citigroup, Inc. (NYSE: C) +0.2%
Wells Fargo & Company (NYSE: WFC) +0.4%

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