- Capital Bank Financial Corp. stock price today and history
Please, Signup (Login) to subscribe or trade (demo)
Capital Bank Financial Corp. stock price
Capital Bank Financial Corp. latest news:
Capital infusion is govt's recognition for IOB's turnaround strategies: CEO
T E NarasimhanThe government's plan to infuse a Rs 46.94 billion into Indian Overseas Bank (IOB) would heklp the Bank to comply with the regulatory requirements and provide better headroom to improve its credit on niche areas, said R Subramaniakumar, chief executive officer of IOB.Speaking to Business Standard, he said, "We have taken this capital into consideration while working out of plan of action for turnaround in FY 19. It has reaffirmed our plan and thanks to the government for the timely and very positive and forward looking release of the capital".This is not only going to help the Bank in meeting its regulatory compliance but also give a fair amount of headroom enabling it to improve credit on niche areas. The niche area of the Bank is retail, MSME and agriculture. "We will positively respond to the faith by the government by increasing our exposure to these areas, and take forward Government of India's theme of deepening the financial inclusion," he said, adding that it is .
ADT prices IPO below target
ADT Inc. said Thursday that it is pricing its initial public offering at $14 a share, which is below the $17 to $19 range the company targeted. The company is expected to start trading Friday and is listed on the New York Stock Exchange under the ticker "ADT." At $14 a share, the company has raised about $1.6 billion, suggesting a market capitalization of just over $10 billion. Morgan Stanley, Goldman Sachs, Barclays, Deutsche Bank Securities, and RBC Capital Markets are acting as joint book-runners for the IPO. Private equity firm Apollo Global Management took the firm private in a $6.9 billion leveraged buyout in February 2016. Apollo will continue to own a majority stake, making it a "controlled company" under NYSE rules. According to the company's prospectus, a survey found that ADT has 95% brand awareness. ADT hasn't yet released its 2017 financial results and has only been able to offer investors expectations ahead of the IPO.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
UPDATE 1-Canada to introduce new stricter bank capital rules
TORONTO, Jan 9 (Reuters) - Canada's banking regulator said
on Tuesday it would introduce new capital rules stricter than
those proposed by global regulators to ensure banks can
withstand financial shocks.
Canada to introduce new stricter bank capital rules
Canada's banking regulator said on Tuesday it would introduce new capital rules stricter than those proposed by global regulators to ensure banks can withstand financial shocks. The Office of the Superintendent of Financial Institutions said the changes were designed as an interim step before new global rules are phased in from 2022.
Deutsche Bank can cope with Basel III outcome: CFO in paper
Deutsche Bank is able to cope with the stricter capital rules on banks that were agreed this week, its finance chief told a German paper. "We are well capitalized. Financial regulators reached a long-sought deal on Thursday to harmonize global banking rules, known as Basel III, capping a decade of effort to make banks more resilient.
Capital City Bank GroupCCBG
Capital Product Partners L.P.CPLP
Capital Southwest CorporationCSWC
Capitala Finance Corp.CPTA
Capitol Federal Financial, Inc.CFFN
Capricor Therapeutics, Inc.CAPR
Capstone Turbine CorporationCPST
Cara Therapeutics, Inc.CARA