Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.
Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.
Mortgage Rates Fall to the Lowest Level in Four Months, While Refinances Jump 15%
Some homeowners with high mortgage rates are rushing to refinance, industry group says
Regional Bank Gains Hit Levels Unseen Since Silicon Valley Bank's Failure As Investor Sentiment Shifts To Small-Cap Names
U.S. regional banks are experiencing sessions of significant gains, as growing expectations for interest rate cuts fueled an investor rotation from large-cap to small-cap stocks.The SPDR S&P
Express News | Simmons Bank Announces $25,000 Donation to the Simmons First Foundation in Honor of Former Board Member Jay Burchfield
First Foundation's Strategic Capital Raise and Leadership Change
First Foundation Inc. Closes $228 Million Equity Investment Anchored by Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, and North Reef Capital
First Foundation Inc. (NYSE:FFWM) ("First Foundation" or the "Company'') today announced the closing of its individual investments aggregating to $228 million in the Company from affiliates of
Express News | First Foundation Inc : Stephens Cuts Target Price to $6 From $10
Express News | First Foundation Shares Extend Gains, Last up 3.4%
Express News | First Foundation Inc Shares up 1.8%; Stock Lost 24% in Previous Session
Express News | First Foundation Inc : Stephens Cuts to Equal-Weight From Overweight
Citic Securities: Bank of America still in crisis, regional small and medium banks' turmoil resurfaces.
Under the benchmark expectations of NBER, if some small and medium-sized banks are indeed facing bankruptcy risks, it is expected that the performance of the US stock market will be similar to the bankruptcy event of Silicon Valley Bank (SVB) in 2023, and the market trend will be mainly driven by investor sentiment; in this scenario, the market performance of cyclical industries may continue to be under pressure, while the market performance of defensive industries may be relatively stable.
First Foundation Stock Plunges After $228M Fundraise: Regional Bank Has Heavy Commercial Real Estate Exposure
Shares of First Foundation Inc. (NYSE:FFWM), a Texas-based regional bank facing commercial real-estate risks, dropped significantly on Wednesday after it received some badly needed help from a group o
Piper Sandler Maintains Neutral on First Foundation, Maintains $6 Price Target
Piper Sandler analyst Matthew Clark maintains First Foundation (NYSE:FFWM) with a Neutral and maintains $6 price target.
First Foundation's Dilutive Capital Raise Likely to Help Earnings Recovery, Wedbush Says
First Foundation's (FFWM) capital raise will likely assist with its earnings recovery but comes at a significant dilutive cost, Wedbush said in a note Wednesday. First Foundation said Tuesday affiliat
Stocks to Watch Wednesday: Paramount, Tesla, Constellation Brands -- WSJ
By Angus Berwick Paramount Global (PARA): Skydance Media reached a preliminary agreement to buy National Amusements and merge with Paramount, rekindling deal talks. Paramount stock jumped 8.6% after
Express News | First Foundation Shares Down 19.8% After Co Raises $228 Mln in Surprise Capital Investment
Tesla To Rally Around 30%? Here Are 10 Top Analyst Forecasts For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Goldman Sac
Sector Update: Financial
Financial stocks were steady premarket Wednesday with the Financial Select Sector SPDR Fund (XLF) was up 0.07%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.3% and its bearish counterpar
Simulations Plus Posts Q3 Results, Joins First Foundation And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 0.2% on Wednesday.Shares of Simulations Plus, Inc. (NASDAQ:SLP) fell sharply in today's pre-market trading after the
First Foundation Insiders Miss 24% Gain After Offloading Stock
Last week, First Foundation Inc.'s (NYSE:FFWM) stock jumped 24%, but insiders who sold US$471k worth of stock in over the past year are likely to be in a better position. Selling at an average price