Fed approves Morgan Stanley revised capital plan
After questions arose after the 2016 Comprehensive Capital Analysis and Review stress test, the Fed said Thursday that it would not object to the bank’s resubmitted capital plan. American Banker: Feed
Tag Archives: Capital
OnDeck Capital loses its chief operating officer
James Hobson is resigning to become the CEO of Attune, a new company in the commercial insurance sector. American Banker: Feed
Capital One profits fall 14% on higher credit costs, less fee income
Total loans rose 7%, but the provision for loan losses jumped 27% to $ 1.7 billion. American Banker: Feed
Capital One Adds to Its Growing List of Fintech Deals
With its acquisition of the online pricing firm Paribus, Capital One continues a pattern in recent years of acquiring promising fintech startups. American Banker
Canada’s Western Wealth Capital Goes on a Shopping Spree in Phoenix
Western Wealth Capital Ltd., a Vancouver, Canada-based multiple-unit rental property investment firm, has become quite active in the Phoenix multifamily market this month. This week, it has acquired the Greater PHX IV Portfolio, a four-property, 748-unit, real-estate-owned portfolio for $ 41.5 million (about $ 55,480/unit). Last week it acquired 300 of the 440 total units
Cecil Bancorp in Md. Ordered to Raise Capital or Find Buyer
Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself. American Banker
Capital Raising On the Rise: Almanac, Blackstone, Gerkshire, TPG All Bringing In Dollars for CRE Investment
Some of the biggest institutional players are currently out in the market raising money to help fund other investors. Almanac Realty Investors, Berkshire Group, Blackstone Mortgage Trust and TPG Holdings are all raising money to place with private and public real estate companies to fund their deals. In a notable example of this trend, Moinian
Big CRE Funds Dominating Market for Big Dollars
Private real estate fundraising had its most successful quarter in two years, with 24 private real estate funds reaching a final close and raising $ 29 billion in institutional commitments, according to Preqin, an alternative assets data and research firm. More and more though, that capital raising is becoming increasingly concentrated among the largest players.