Bank ETFs Still Trying to Rebound

Only the energy sector is performing more poorly this year than financial services, a theme weighing on dedicated bank exchange traded funds, such as the PowerShares KBW Bank Portfolio (NASDAQ: KBWB). KBWB, home to more than $759 million in assets under management, tracks the widely followed KBW Nasdaq Bank Index. That index “is a modified-market…Click to read more at