Metro Bank shares crash as risky mortgage bets raise cash call fears
Metro Bank shares lost a third of their value on Wednesday after the British lender announced a sharp rise in exposure to higher-risk mortgages and said profits would be hit by slowing growth. Pascale Davies reports......»»
British shopping mall owner Intu crashes 30% as it ditches £1 billion cash call on “extreme†market conditions
Shares in Intu Properties crash after British shopping centers owner pulls its emergency cash call......»»
Deutsche Bank merger talks with Commerzbank raise job fears, lift shares
Deutsche Bank and Commerzbank faced concerns from workers unions, Chancellor Angela Merkel's office and top shareholders on Monday after confirming merger talks......»»
: Credit Suisse taps shareholders for cash as regulator investigates Archegos losses
Swiss bank Credit Suisse said on Thursday it would sell convertible notes to its current shareholders in a bid to raise nearly $2 billion of fresh capital......»»
GameStop guru "Roaring Kitty" says he has $40 million in his portfolio - a 1,100% gain in 3 months
Keith Gill uploaded a screenshot showing he had $19 million in GameStop shares, $8.9 million in bullish call options, and $11.9 million in cash. Keith Gill. Roaring Kitty Keith Gill .....»»
Risky business: Why one Valley bank takes marijuana dispensaries" cash
Banking marijuana-related businesses takes more resources, more attention to detail and more risk tolerance than most Arizona banks are willing to give. But this Valley bank says it has it figured out......»»
The Ratings Game: Buying Signature Bank stock gives investors cryptocurrency exposure for free, analyst says
Buying shares of Signature Bank is a cheap way to gain exposure to cryptocurrencies, such as bitcoin, according to BofA Securities analyst Ebrahim Poonawala, prompting him to raise his price target by 15%......»»
Western Alliance Bank shells out $1 billion to acquire mortgage company
Western Alliance will sell common stock and raise $275 million later this year to support the acquisition and the bank’s future growth in the second quarter of 2021......»»
XPeng"s stock surges after bullish call from Deutsche Bank analyst
Shares of XPeng Inc. surg.....»»
Exclusive: JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens
JPMorgan Chase & Co , the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption......»»
Market Extra: Why the commercial mortgage bond market looks dire right now
Leveraged funds are scrambling to sell debt tied to hotels, shopping centers, office buildings and other commercial properties to quickly raise cash as bond prices plunge amid pandemic fallout......»»
U.S. bank shares slammed as virus, plunging oil amp up economic fears
U.S. bank shares slammed as virus, plunging oil amp up economic fears.....»»
European stocks rise on bets ECB will cut rates too
Global stock markets initially gave a thumbs down to the U.S. rate cut, but on Wednesday European shares rose on bets the ECB and Bank of England will probably cut rates too. Julian Satterthwaite reports......»»
The Ratings Game: GE’s stock gets a boost from an upgrade by the last bearish analyst
Shares of General Electric Co. got a boost Monday after the analyst that had called the industrial conglomerate’s struggles backed away from its bearish call, saying the floor free cash flow was actually higher than he had expected......»»
Deutsche Bank initiates "Catalyst Call Buy" on AIG shares
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
China firms in $10 billion share sale rush as funding rules eased amid virus worries
Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus......»»
Genuine Parts raises quarterly cash dividend by 4% to 79 cents a share
Car parts maker Genuine Parts Co. said Tuesday its board has approved a 4% raise in its quarterly cash dividend to 79 cents a share. The new dividend will be payable April 1 to shareholders of record as of March 6. Shares .....»»
Stocks: banks lift Europe, virus fears linger
Bank stocks propped up European shares on Wednesday after a flurry of strong results, even as investors weighed the potential economic impact of the fast-spreading coronavirus. David Pollard reports......»»
Vaccine makers see shares soar as coronavirus fears grow
Some small vaccine developers that saw their stocks take off on Tuesday over growing concern about the new coronavirus are using the market interest to raise money......»»
Need to Know: Why a ‘battle-weary’ Tesla enthusiast is now telling investors to move to the sidelines
Tesla shares shot to a new high on Wednesday, but our call of the day finds a longtime advocate changing his tune and telling investors to cash in on some of those big gains......»»