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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......»»

Category: videoSource: reutersJan 23rd, 2019

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......»»

Category: topSource: marketwatchMar 4th, 2020

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......»»

Category: topSource: reutersMar 18th, 2019

U.K.’s Metro Bank Sees Shares Plummet Over Profit Miss and Risky Loans

The up.....»»

Category: europeSource: fortuneJan 23rd, 2019

: 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......»»

Category: topSource: marketwatchApr 22nd, 2021

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 .....»»

Category: smallbizSource: nytApr 1st, 2021

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......»»

Category: topSource: bizjournalsMar 5th, 2021

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%......»»

Category: topSource: marketwatchFeb 22nd, 2021

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......»»

Category: topSource: bizjournalsFeb 17th, 2021

XPeng"s stock surges after bullish call from Deutsche Bank analyst

Shares of XPeng Inc. surg.....»»

Category: topSource: marketwatchDec 14th, 2020

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......»»

Category: topSource: reutersApr 11th, 2020

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......»»

Category: topSource: marketwatchMar 25th, 2020

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.....»»

Category: topSource: reutersMar 9th, 2020

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......»»

Category: videoSource: reutersMar 4th, 2020

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......»»

Category: topSource: marketwatchMar 2nd, 2020

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.....»»

Category: blogSource: theflyonthewallFeb 26th, 2020

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......»»

Category: topSource: reutersFeb 21st, 2020

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 .....»»

Category: topSource: marketwatchFeb 18th, 2020

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......»»

Category: videoSource: reutersJan 29th, 2020

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......»»

Category: topSource: moneycentralJan 22nd, 2020

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......»»

Category: topSource: marketwatchJan 9th, 2020