Hints and tips:
Related Special Reports
...After the FT sent him a copy of M7’s regulatory filings, Robinson said he was “surprised” to see his name on the form. He said M7 “will correct and resubmit” the form....
...Brían MacManusDublin, Ireland...
...The bank said much of the jump in loan losses was tied to credit cards and commercial real estate. The bank said it took losses on 16 different office loans in the quarter....
...The real estate sector, full of companies that are particularly sensitive to interest rates, fell 4.4 per cent, more than double any other sector....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent on Wednesday....
...Healthcare, consumer cyclicals and real estate performed the worst. The tech-heavy Nasdaq Composite fell 1 per cent as six of the Big Tech stocks in the Magnificent Seven declined....
...About 80 per cent of the index’s constituent stocks finished lower on the day, while healthcare, consumer cyclicals and real estate were the worst-performing sectors....
...Bank of America’s chief executive Brian Moynihan said in December that the bank had identified just $5bn in commercial property debt tied to buildings in sectors of the property market in which prices had...
...US regional banks are most exposed but lenders in Europe, particularly specialist German real estate banks, are also on the hook....
...European commercial real estate deal making fell to a 13-year low at the start of 2024, as fading hopes of imminent interest rate cuts prolonged the slump in property markets....
...It had €691mn of non-performing US loans on its books as of November, up 129 per cent from the end of 2022. Its credit rating was downgraded by S&P Global last week....
...You guard against it, of course you do. And yet. Watch Brian Cox walk through the door and you instinctively brace....
...The benchmark S&P 500 index rose 0.5 per cent in a broad rally, with tech and real estate the best-performing sectors. Nearly two-thirds of stocks closed higher....
...“I’m an advocate for the shelf charter,” said Brian Brooks, a partner of DC law firm O’Melveny & Myers and a former acting comptroller of the currency....
...The benchmark S&P 500 dropped 0.6 per cent on Friday, with 54 per cent of stocks falling, and tech the worst performer....
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
...upside cap on the returns of the S&P 500, said Brett Sheely, AB’s head of ETF Specialists....
...as private real estate....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...More than three-quarters of stocks on the benchmark S&P 500 rose on Thursday afternoon as the share gauge climbed 0.5 per cent. Every sector but real estate advanced, led by gains in financial stocks....
...This is an audio transcript of the Unhedged podcast episode: ‘Will commercial real estate hurt regional banks?’...
International Edition