Financials Down As Traders Hedge On Rate Views - Financials Roundup

Features Dow Jones Newswires

Banks, lenders and other financial companies fell as traders hedged their bets on the outlook for interest and tax rates. Bank of America's Merrill Lynch unit introduced a bonus system that will allow brokers to earn up to 2% more in pay by hitting growth targets, The Wall Street Journal reported.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

November 09, 2017 16:22 ET (21:22 GMT)