Jim Cramer is not worried about the yield curve, says Warren Buffett is buying bank stocks – CNBC

Jim Cramer is not worried about the yield curve, says Warren Buffett is buying bank stocks  CNBC CNBC’s Jim Cramer says the strength of the consumer sector and Warren Buffett’s confidence in back stocks are key reasons not to overreact to the yield curve … “how to sell mortgage note” – Google News

Struggling UK lender Metro Bank in talks to sell loans – Reuters

Struggling UK lender Metro Bank in talks to sell loans  Reuters Metro Bank is in talks to sell a portfolio of loans in the British lender’s latest attempt to strengthen its finances after an accounting error hammered its shares. “how to sell mortgage note” – Google News

Deutsche Bank takes $2 billion hit to market cap as bank talks stock sale – MarketWatch

MarketWatch Deutsche Bank takes $ 2 billion hit to market cap as bank talks stock saleMarketWatch“In a worst-case scenario we could therefore see the need for €12.8bn of extra capital [compared with] the current plan to raise €10bn via the rights issue (€8bn) and divestments (€2bn),” the Citi analysts said in a note. … Talk […]

RBS Rises to One-Year High After Bank Scraps Plans to Sell Unit – Bloomberg

RBS Rises to One-Year High After Bank Scraps Plans to Sell UnitBloombergBritain's largest taxpayer-owned bank may have reached a “turning point” after running up expenses of about 1.8 billion pounds ($ 2.2 billion) trying to dispose of the 314-branch lender in order to meet European Union antitrust rules, analysts at …and more » how to sell […]

Capstead Mortgage Corp. (CMO) Position Lowered by Swiss National Bank – Sports Perspectives

Sports Perspectives Capstead Mortgage Corp. (CMO) Position Lowered by Swiss National BankSports PerspectivesZacks Investment Research raised Capstead Mortgage Corp. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 4th. TheStreet raised Capstead Mortgage Corp. from a “sell” rating to a “hold” rating in a research note on …and more » […]

City National Bank sticks with cross-selling, despite controversy over the strategy – Los Angeles Times

Los Angeles Times City National Bank sticks with cross-selling, despite controversy over the strategyLos Angeles TimesWhat's more, they note that the root of problems at Wells Fargo seems to have been poorly structured incentives and a lack of oversight. “Cross-selling is a dirty word, but that's the reality. Every bank does it, … RBC had […]

End of Canada’s ‘unique’ mortgage system means higher bank costs – Salt Lake Tribune

The Globe and Mail End of Canada's 'unique' mortgage system means higher bank costsSalt Lake Tribune"This could have profound impacts on the insured mortgage funding market and the equity market's perception of credit risk in the banking sector," Jason Bilodeau, an analyst with Macquarie Capital Markets, said in an Oct. 4 note to clients. One […]

Deutsche Bank Shares Drop on Fears of Capital Raising – Wall Street Journal

Wall Street Journal Deutsche Bank Shares Drop on Fears of Capital RaisingWall Street JournalThe Wall Street Journal reported this month that the U.S. Justice Department proposed Deutsche Bank pay $ 14 billion to settle a set of mortgage-securities investigations. In response to the … “It may choose to wait until litigation issues have been …and […]

Deutsche Bank investors fret its legal reserves won’t be enough – Chicago Tribune

Irish Times Deutsche Bank investors fret its legal reserves won't be enoughChicago TribuneReaching a mortgage deal would clear a major hurdle for Deutsche Bank, which has paid more than $ 9 billion in fines and settlements since the start of 2008, according to data compiled by Bloomberg. … "Maybe selling some of the assets it […]