DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
inched - 1 Bond king's - 1 Bill Gross isn't - 1 Gross - 1 Keefe - 1 Woods - 1 — CNBC's Ganesh Rao - 1 Brendan McDermid - 1
Top related locs:
U.S London Serbia Kosovo Northern Kosovo Europe Ukraine New York City
Top related orgs:
Metro Bank - 4 CNBC - 2 Treasury - 2 Britain's Metro Bank - 2 Authority - 2 Thomson - 2 Alstom cratered - 1 Federal Reserve - 1

Search resuls for: "Britain's Metro Bank"


5 mentions found


☆ CNBC Daily Open: Much depends on the September jobs report
  + stars: | 2023-10-06 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Bracing for the jobs reportU.S. stocks dipped slightly Thursday as investors braced for the September job report coming out today. Yielding to high yieldsThe 10-year Treasury yield hit 4.8% Tuesday, a 16-year high. That isn't really a surprise, given the surge in U.S. Treasury yields and the September slump in stocks.
Persons: inched, Bond king's, Bill Gross isn't, Gross Organizations: CNBC, Metro Bank, Alstom cratered, Treasury, Federal Reserve Locations: Serbia, Kosovo, Northern Kosovo, Europe, Ukraine, U.S
☆ UK's Metro Bank shares suspended multiple times after plunging more than 25%
  + stars: | 2023-10-05 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +2 min
LONDON — Shares of Britain's Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close. Investors traded more than 1.6 million shares immediately after the stock market opened Thursday, according to FactSet. Typically, less than 100,000 Metro Bank shares change hands every hour. Metro Bank was valued at £87 million as of the Wednesday close, according to Reuters. As such, the Metro Bank would be subject to higher capital requirements — a concern that has weighed on investors.
Persons: Keefe, Woods, — CNBC's Ganesh Rao Organizations: Britain's Metro Bank, London Stock Exchange, CNBC, Reuters, Metro Bank, Investors, Bank of, Prudential, Authority Locations: London
☆ Morning Bid: Nervy bond bounce on soft jobs and oil
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +5 min
[1/2] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Although both oil and bond yields calmed somewhat overnight, U.S. crude plunged by more than $5 per barrel on Wednesday. The tentative bond bid and shifting interest rate picture stopped the rot in stock markets too, with Wall St stocks rallying on Wednesday and the Nasdaq (.IXIC) staging its biggest daily gain since August. But in a sign of the nervousness, European stock markets stalled again and Wall St futures were back in the red. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, Mike Dolan, Kevin McCarthy, Michael Barr, Mary Daly, Thomas Barkin, Loretta Mester, Lamb Weston, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Nasdaq, Wall, Metro Bank, U.S, Federal, San Francisco Fed, Richmond Fed, Cleveland Fed, Treasury, Brands, Constellation Brands, Reuters, Thomson Locations: New York City, U.S, Wall, York
☆ Metro Bank shares dip as mortgage risk model change drags
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
Sept 12 (Reuters) - Britain's Metro Bank (MTRO.L) said on Tuesday that the Bank of England's Prudential Regulation Authority (PRA) would likely not approve its application to use internal credit risk models in its residential mortgages business this year. Shares in the lender fell 7% in early trading as stock-holders reacted to the news. Without permission to use its own risk models, Metro Bank remains subject to higher capital requirements set by the regulator, which have weighed on returns for its investors. "The board retains conviction in the merits of Metro Bank's customer-centric model and strongly believes that there is a significant opportunity set that the company can capitalise on, subject to renewed balance sheet strength," Metro said. "Larger scale is needed to absorb the high, branch-centric expense base which can be achieved only if current capital constraints ... are resolved," Peel Hunt said.
Persons: Peel Hunt, Radhika Anilkumar, Sinead Cruise, Savio D'Souza, Rashmi Aich, Iain Withers Organizations: Britain's Metro Bank, Bank of England's Prudential, Authority, Metro Bank, Metro, Peel, Thomson Locations: Bengaluru, London
☆ Britain's Metro Bank returned to profit in September, sees no customer stress
  + stars: | 2022-11-02 | by ( ) www.reuters.com   time to read: 1 min
LONDON, Nov 2 (Reuters) - Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so far seen no sign of increased stress among its customers as Britain grapples with higher interest rates and an escalating cost of living crisis. The bank set aside a 10 million pound ($11.49 million) provision in case of losses on loans, and it expects its net interest margin to continue to increase through 2023 as interest rates climb. "There has been no deterioration in early warning indicators and no signs of stress or increased delinquency across the customer base," the bank said in third quarter trading update. ($1 = 0.8703 pounds)Reporting by Huw Jones, editing by Sinead CruiseOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 5