Shares of East West Bancorp Inc. EWBC plummeted 23.2% in morning trading Monday, toward their second-biggest one-day selloff, in the wake of recent bank failures, prompting the Pasadena, Calif.-based ...
Tag: Bancorp
Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse
Shares of Western Alliance Bancorp WAL, -74.87% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the collapse of SVB Financial Group’s ...
Customer Bancorp Price Prediction: Will CUBI Price Miss The Expectation Again In 2023?
Customer Bancorp has missed the earnings and has seen a huge fall of 15% in intraday session Technical indicators are favoring a strong downside trend.It is currently trading near $26 CUBI is the tick...
Sunrun, U.S. Bancorp, Alphabet, AT&T and more
Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Co...
Silvergate, Provident Bancorp, and Signature Suffer FTX Effect
Several major traditional banks with varying degrees of crypto exposure now find themselves unsure of their next move in the wake of the FTX collapse. Most banks are suffering a reduction in deposits ...
Walgreens, Intel, US Bancorp and more
Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hol...
Berkshire Hathaway Cuts Stake in U.S. Bancorp By More Than Half
A new filing indicates that Berkshire Hathaway cut its stake in U.S. Bancorp by 56% to 52.5 million shares that are now worth $2.4 billion. In a form 13-G filing dated Thursday, Berkshire Hathaway (BR...
First Republic shares fall on net interest income miss; US Bancorp gains
First Republic Bank FRC, -16.13% stock fell 10% Friday in the weakest share price reaction among four regional banks that reported earnings. While First Republic’s third-quarter earnings of $2.2...
New York Community Bancorp Dividend Yield Pushes Above 8%
In trading on Monday, shares of New York Community Bancorp were yielding above the 8% mark based on its quarterly dividend (annualized to $0.68), with the stock changing hands as low as $8.47 on the d...
Circle and New York Community Bancorp Forms Custody Partnership to Invest in Community-Based Initiatives – crypto.news
Circle Internet Financial, the creators of the USDC stablecoin, has announced a custody partnership with New York Community Bancorp (NYCB), under which New York Community Bank, a subsidiary of NYCB, w...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves – Finance Bitcoin News
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Communi...
Circle Inks Strategy Partnership with Bancorp for USDC Custody
Circle Internet Financials LLC, the blockchain company responsible for issuing the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB), a publicly listed New York...
Circle inks custody deal with New York Community Bancorp
USD Coin (USDC) issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for the stablecoin’s reserves, Ci...
Why US Bancorp Is A Top 25 Dividend Giant
US Bancorp has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a stunning $4.99B worth of stock held by ETFs, and above-average ”DividendRank” statistics including...
SoFi, Procter & Gamble, U.S. Bancorp and more
Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines...
Citi adds M&T Bancorp to focus list as favorite among six regional banks
Citigroup Inc. analyst Keith Horowitz on Thursday singled out M&T Bank Corp. as a new member of his focus list for outshining five other regional banks. M&T Bank MTB, +2.16% drew praise partly...