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Preferred Equity

Latest Headlines

Latest Headlines

What to make of Citi's plans?

More than a few people are skeptical of Citi's plans to cut the ownership stake held by the federal government. You can understand why it would want to make such a move, but it's hard not to agree that such plans are premature. The AP notes the views of Richard Bove of Rochdale Securities, who

A look at the "Texas ratio" and stress tests

A lot is riding on the so-called stress tests that are currently underway for banks with more than $100 billion in assets. We're starting to see a lot of analysis around which banks are more likely to fare well and which will likely need more capital.  TheStreet.com takes an interesting look, f