Rep. Jefferson Shreve sold shares of Fidelity National Information Services (FIS) in a filing on June 22nd, alongside other trades. Analysts from Royal Bank of Canada and Citigroup adjusted their ratings for FIS, while hedge funds like Sierra Ocean LLC and Meeder Asset Management Inc. increased their stakes. Institutional investors own 96.23% of FIS stock, which provides financial services technology solutions globally.

Royal Bank Of Canada raised its price target for Zions Bancorporation, N.A. (NASDAQ:ZION) from $57.00 to $62.00, citing strong performance. ZION reported Q2 earnings exceeding expectations, with $1.58 EPS and a 16.98% net margin. The bank also announced a $0.43 quarterly dividend, with institutional investors increasing their holdings. Analysts like Citigroup and AQR Capital Management LLC adjusted their ratings and positions, reflecting market sentiment toward the bank's financial health.

The article analyzes the performance of Citigroup (C) and Banco Santander-Brazil (BSBR) compared to their respective finance sectors. Citigroup's year-to-date return of 31.6% outperforms the Finance sector's average of 9.2%, while BSBR's 21% return exceeds its industry's 27.3%. Both stocks hold Zacks Rank #2 (Buy) and show improved analyst estimates.

The article discusses the First Trust NASDAQ Bank ETF (FTXO), a passively managed ETF tracking the NASDAQ US Smart Banks Index. It highlights the fund's expense ratio of 0.60%, asset size of over $239.54 million, and top holdings including JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), and Wells Fargo & Company (WFC). The ETF has a 12-month dividend yield of 1.99% and a 52-week price range of $25.92 to $35.28. It compares FTXO to other bank ETFs like SPDR S&P Bank ETF (KBE) and Invesco KBW Bank ETF (KBWB), noting their larger asset sizes and lower expense ratios.

The FinanceAsia Achievement Awards 2006 honored top banks, investment firms, and financial institutions in Australia and New Zealand for their achievements in 2006. Key winners included ANZ for Best Local Commercial Bank, Citigroup for Best Foreign Commercial Bank, and UBS for Best Investment Bank. The awards recognized significant deals, M&A transactions, and financial innovations across sectors.