Por: MarketWatch Business March 29, 2023
The situation involving the Citigroup issue and why it remains outstanding when Citi has to pay so much more interest on it than on other securities is both complicated and a little mysterious. The interest rate on the issue floats, or resets, quarterly at 6.37% percentage points above LIBOR, the London interbank offered rate, a key short-term interest rate now around 5%. With short rates rising, the rate on the preferred is now about 11%, up... + full article
MarketWatch USA Business March 27, 2023
In fact, the preferreds issued by SVB Financial Group and Signature Bank, the failed banks’ parents, might have little or no recovery value. Trading in their New York Stock Exchange–listed preferred and common shares has been halted. And an unlisted SVB preferred issue aimed... + más
Preferred Stocks Offer a Better Way to Bet on Banks | MarketWatch
MarketWatch USA Business March 25, 2023
Fox Business USA Business January 12, 2023
U.S. Bank wealth management senior vice president Lisa Erickson says a number of macro indicators show slowing trends into the new year. Citigroup Inc. is shuffling the leadership of its , whose growth has fallen short of targets during a market downturn that has sapped demand... + más
Citigroup trying to get accidental $500M Revlon loan payment back | Fox Business
Racial Wealth Inequality Gradually Declines, But That Is No Reason To Celebrate | Forbes
MarketWatch USA Business December 10, 2022
Prior to that move—which the airline, along with its peers, had to do to save capital—Southwest had paid a dividend every quarter going back more than 40 years. On an annualized basis, the dividend will be 72 cents a share. The stock has returned minus 11.3% this year... + más
Dividends And Taxes: What You Need To Know | Forbes
John Deere to spend $29.8 million to shift cotton harvester manufacturing from China to Thibodaux, create 70 jobs | The Advocate
Fox Business USA Business December 02, 2022
Check out what's clicking on FoxBusiness.com Citigroup is in talks to try and get about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon. The cosmetics company controlled by billionaire Ronald Perelman, filed for... + más
Revlon files for bankruptcy protection amid heavy debt load | WPLG Local 10
Should You Consolidate To Get Student Loan Forgiveness? It’s Complicated | Forbes
About iurex | Privacy Policy | Disclaimer |