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Sunday, November 8, 2026 · UTC
The Markets

KBW CEO says bank stock selloff driven by rate anxiety not fundamentals

Statements and market analysis were published across 9 and 10 October 2026.

Marcus Vance
Markets Reporter
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Stands on 4 placed sources from 2 publishers.
As of 2026-10-10 06:59 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
KBW chief executive Tom Michaud has stated the recent selloff in bank stocks reflects investor anxiety about interest rates, rather than a deterioration in bank fundamentals. [1]