Month: June 2019

Nordea chief announces retirement

Banking News – Nordea chief announces retirement
&nbspActivist shareholder Cevian Capital unveiled a 2.3% stake in the Nordic bank in December
FT.com – Banks – https://www.ft.com/content/9cdc2efa-9b27-11e9-9c06-a4640c9feebb

Meet the godmother of smart beta and diversity

Banking News – Meet the godmother of smart beta and diversity
&nbspNew CEO comes out of Rob Arnott’s shadow to take the wheel at Investigate Affiliates
Fiscal Times – Fiscal Air force – https://www.ft.com/content/e7436700-336a-3527-af90-17b3951c5370

Clock ticks for investors to reclaim billions

Banking News – Clock ticks for investors to reclaim billions
&nbspPractice of fund rebates finished in 2012 but claimants have been slow to act
FT.com – Banks – https://www.ft.com/content/356ecd74-652b-3ce2-870c-d89e42a8ccdd

M&A 2019: Tech moves to center stage

Banking News – M&A 2019: Tech moves to center stage
&nbspAside from BB&T-SunTrust, dealmaking got off to a slow-moving start this year. But that may soon change, not just because of difficulty to achieve scale. For many banks and credit unions, a equipment-capability gap could be the seminal factor.
Union Banking – http://www.americanbanker.com/investigate-report/m-a-2019-tech-moves-to-center-stage

Can student lending lift BankMobile into the black?

Banking News – Can student lending lift BankMobile into the black?
&nbspThe digital bank has grand ambitions for its new student loan refinancing platform as it looks to finally turn a profit for its parent company, Customers Bancorp.
Union Banking – http://www.americanbanker.com/news/can-student-lending-lift-bankmobile-into-the-black

10 Top-Rated Mid-Cap Stocks to Buy Now

Private Finance – 10 Top-Rated Mid-Cap Stocks to Buy Now
 

When chosen wisely, mid-cap stocks can offer outsize growth the makings and stability. Like their small-cap cousins, mid-caps – typically stocks with market values of roughly $2 billion to $10 billion, but some systems allow up to $20 billion – have ample room to grow. On the other hand, like large-cap firms, they tend to have more balance sheet might and a surer footing in their respective industries.

When it comes to finding this pleased middle of risk vs. reward, investors can lean on quantitative breakdown. QA takes a wide swath of essential, technological and other data, runs it through a algebraic model and calculates a authorize. This usually is the maintain of so-called quant funds, which guard their methods covetously. But thanks to StockReports+ from Refinitiv, we know what at least one quant model has to say.

StockReports+ combines a biased quantitative breakdown of six widely used factors: return (counting assess surprises and analyst authorize changes, among other factors; essential breakdown, which encompasses profitability, debt and dividends, among other considerations; relation appraisal, which looks at events such as price-to-sales and price-to-return ratios; risk, which considers degree of returns, explosive nature and other factors; price momentum, which is based on technological routine factors such as seasonality and relation might; and insider trading, which looks at whether top corporate executives have been net buyers or sellers of their company’s stock.

The result is a score from 1-10 (10 being the most clear), then certain factor scores are biased to spit out an “optimized score” that has shown to be the best judge of future returns.

It’s a lot to digest. But these are the top 10 mid-cap stocks to buy right now, based off their high marks from quantitative breakdown by StockReports+. They all have earned 10s, but are ordered by the underlying might of their perfect grades, from weakest to strongest.

SEE ALSO: 15 Mighty Mid-Cap Stocks to Buy for Huge Returns

Kiplinger Private Finance – https://www.kiplinger.com/slideshow/investing/T052-S001-10-top-rated-mid-cap-stocks-to-buy-now/index.html

Proposed North Carolina de novo withdraws application

Banking News – Projected North Carolina de novo withdraws concentration
&nbspOrganizers of Union Bank of the Carolinas in Winston-Salem said that they will return capital to investors and pursue other alternatives, counting buying an void bank.
Union Banking – http://www.americanbanker.com/news/projected-north-carolina-de-novo-withdraws-concentration

Proposed North Carolina de novo withdraws application

Banking News – Projected North Carolina de novo withdraws concentration
&nbspOrganizers of Union Bank of the Carolinas in Winston-Salem said that they will return capital to investors and pursue other alternatives, counting buying an void bank.
Union Banking – http://www.americanbanker.com/news/projected-north-carolina-de-novo-withdraws-concentration

Banks rush to boost shareholder payouts after stress test results

Banking News – Banks rush to boost shareholder payouts after stress test results
&nbspSome large banks, counting Bank of America and JPMorgan Chase, will boost dividends and stock repurchases by double digits.
Union Banking – http://www.americanbanker.com/news/banks-rush-to-boost-shareholder-payouts-after-stress-test-results

Banks rush to boost shareholder payouts after stress test results

Banking News – Banks rush to boost shareholder payouts after stress test results
&nbspSome large banks, counting Bank of America and JPMorgan Chase, will boost dividends and stock repurchases by double digits.
Union Banking – http://www.americanbanker.com/news/banks-rush-to-boost-shareholder-payouts-after-stress-test-results