Stocks

Bank stocks: The reg relief bump

05/29/18

Despite Tuesday's blip, many bank have seen double-digit gains in the months since the Dodd-Frank reform law was unveiled. There's good reason to think the run-up will continue.

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FB Financial chairman ceding majority ownership with stock sale

05/22/18

James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.

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BNP Paribas to relinquish majority ownership of Hawaiian bank

05/08/18

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

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Capital One's $17B mortgage sale paves way for stock repurchase

05/08/18

Capital One Financial Corp. plans to repurchase shares following the sale of $17 billion in mortgages to a Credit Suisse subsidiary.

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ValuAct’s Citi stake; SEC commissioner leaving

05/08/18

Hedge fund apparently likes the bank’s corporate services business; Michael Piwowar is credited with “jump-starting” the agency’s deregulatory push.

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Reg relief will be a boon for bank stocks, noted investor says

05/02/18

“Sometimes Washington picks the winners for you,” said Manny Friedman, CEO of the hedge fund EJF Capital.

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Mulvaney backs group-run CFPB; another capital relief plan

04/12/18

Acting director wants agency run by a bipartisan body, not a lone director; Fed and OCC push for relaxing the supplementary leverage ratio at the biggest banks.

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Short sellers like these banks

04/01/18

Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently.

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3 conditions before Ocwen and PHH are clear to close

03/01/18

From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.

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How Ocwen plans to rebuild servicing scale with PHH deal

02/28/18

Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall housing market.

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