Morgan Stanley's third-quarter earnings
Fulton Financial Corp., Hancock Holding Co. and Pinnacle Financial Partners Inc. are also scheduled to report quarterly score cards after markets close today.
In government and regulatory
Six Democratic senators are questioning Keith Noreika's continued role as acting Comptroller of the Currency, noting that he was only supposed to serve for 130 days, or until Sept. 12. Sens. Chris Van Hollen, Sherrod Brown, Elizabeth Warren, Jack Reed, Robert Menendez and Catherine Masto wrote to the Treasury Department asking to an investigation into the misapplication of the "special government employee" status with regard to Noreika, who began serving in the role on May 5 and was "required to become a permanent federal employee or step down from his position at the OCC." The senators also questioned Noreika's authority to be a voting member of the Financial Stability Oversight Council.
The Senate Committee on Banking, Housing and Urban Affairs will hold a hearing at 10 a.m. ET today entitled "Consumer Data Security and the Credit Bureaus."
The Financial Industry Regulatory Authority ordered Wells Fargo & Co.'s two brokerage
The state of California is extending for another year its business sanctions against scandal-stricken Wells Fargo. "The opaque manner with which the bank continues to do business and the frequency of new disclosures of wanton greed and lack of institutional control makes this decision so clear that there really was no choice at all," State Treasurer John Chiang said.
Beaumont, Texas-based CBTX Inc., the parent of CommunityBank of Texas NA has filed for an initial public offering
On the deal
In the latest update in a long-running government antitrust lawsuit against American Express Co., the U.S. Supreme Court said that it will review the case challenging the credit card issuer
In fintech
In other parts of the world
Asia Pacific: China cracks down on financial fraud; IOOF to buy ANZ's wealth biz
Europe: Credit Suisse breakup bid; May dines with Juncker; Spanish banks suffer anew
Middle East & Africa: Mashreqbank, UBA 9-month profits rise YOY; Fitch acts on Kuwaiti lenders
The day ahead
Early morning futures indicators pointed to a mixed opening for the U.S. market.
In Asia, the Hang Seng climbed 0.02% to 28,697.49, while the Nikkei 225 rose 0.38% to 21,336.12.
In Europe, around midday, the FTSE 100 rose 0.18% to 7,540.74 and the Euronext 100 gained 0.06% to 1,050.03.
On the macro front
The import and export prices report, the Redbook, the industrial production report, the housing market index, the Treasury budget and the Treasury International Capital report are due out today.
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