Weak Quarter Knocks Expectations for Bank ETFs
April 28, 2011 at 14:01 PM EDT
Bank exchange traded funds (ETFs) have moved lower following quarterly results from the big lenders and could continue to underperform the market, analysts say. Financial ETFs have been weak after earnings from large banks such as Bank of America (NYSE: BAC), Citigroup (NYSE: C), J.P. Morgan (NYSE:...