And just when Brian Moynihan was gonna make siestas a thing.
If you know anyone who's interested.
US units of foreign banks, less so.
Compared to the U.S.-based units of Deutsche Bank and Banco Santander expected to receive F's on their stress tests.
Spain, as you may have heard, does not have a lot going for it at the moment. Its bond yields have crossed 7 percent, unemployment is at something like 70 percent, and on Monday, it announced a rather poorly received bailout of the country's banks. Investors don't want to touch their financial institutions with a 100 foot pole. One bank that knew this rejection all too well? Banco Santander, probably on account of the open sores. Today, though, that's all about to change.