Express News | The Central Bank of Argentina stated that it has arranged a repurchase agreement with international Banks to increase tools for managing Forex reserves.
Express News | Macau International Bank's capital increase has been approved, and Xiamen International Investment's shareholding ratio has risen to 54.35%.
With 71% Ownership of the Shares, International Bancshares Corporation (NASDAQ:IBOC) Is Heavily Dominated by Institutional Owners
CICC: The market still needs to price in a "shallow rate cut + soft landing" cycle. Next year, STANCHART is the preferred choice for Hong Kong banks.
CICC released a research report stating that as of yesterday (30th), the Hong Kong Based Banks and the Hang Seng Index covered by the bank recorded increases of 31% and 18% respectively this year, with Hong Kong banks outperforming the market for the fourth consecutive year. CICC believes that compared to interest rate trends, macroeconomic expectations and the banks' own performance are the main factors influencing stock prices, and therefore one should not invest in Hong Kong banks with the rigid thinking of 'interest rate hikes are beneficial for banks, and interest rate cuts are detrimental to banks.' The bank stated that Banks are a cyclical Industry, thus during a rate cut cycle driven by improved macroeconomic expectations, Hong Kong bank stock prices often outperform, with different Banks showing distinct performances in this cycle.
International Bancshares' (NASDAQ:IBOC) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Express News | WeChat Pay: Further support for Overseas wallets to provide payment services in China.
Friedrich: Maintains boc hong kong "buy" rating, target price raised to 27 Hong Kong dollars.
Futu Research released a research report maintaining a "buy" rating on BOC Hong Kong (02388), with the target price raised from 26.5 Hong Kong dollars to 27 Hong Kong dollars. The bank remains bullish on international banks Stanchart (02888) and HSBC Holdings (00005), followed by Singapore banks more than Hong Kong silver. In addition, the bank expects that the most favorable interest rates will fall to 5% in the first quarter of next year, maintaining caution on asset quality. The bank pointed out that BOC Hong Kong's performance in the third quarter confirmed its view that market expectations were too conservative. Although uncertainty may limit the short-term PE ratio potential, the medium-term outlook remains relatively robust.
Express News | Xiamen International Bank increased its capital to 17.046 billion.
Have International Bancshares Insiders Been Selling Stock?
Form 144 | International Bancshares(IBOC.US) Director Proposes to Sell 7.17 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Nov 14, $International Bancshares(IBOC.US)$ Director DENNIS NIXON intends to sell 100K shares of its common stock on Nov 12, with a total market value of approximately $7.17
International Bancshares(IBOC.US) Officer Sells US$7.17 Million in Common Stock
$International Bancshares(IBOC.US)$ Officer NIXON DENNIS E sold 100K shares of common stock on Nov 12, 13, 2024 at an average price of $71.72 for a total value of $7.17 million.Source: Announcement
International Bancshares Insider Sold Shares Worth $7,171,719, According to a Recent SEC Filing
Express News | United Kingdom international banks and wealth management group Investec: The UK wage growth data released on Tuesday is unlikely to significantly alter the pace of the Bank of England's interest rate cuts.
International Bancshares Reports Stable Q3 2024 Earnings
International Bancshares | 10-Q: Q3 2024 Earnings Report
Express News | International Bancshares Corp Qtrly Diluted Earnings per Common Share $1.60
Press Release: IBC Reports Strong Earnings for the Third Quarter of 2024
Express News | International Bancshares Q3 Net Income USD 99.8 Million
Express News | Ibc Reports Strong Earnings for the Third Quarter of 2024
Shares of Banking-related Companies Are Trading Higher After Donald Trump Won the US Presidential Election.