at Investor's Business Daily (Thu, 6:32PM)
Preferred stock investors aren't happy about banks buying back their trust preferred shares...
Preferred stock investors aren't happy about banks buying back their trust preferred shares before the call date and often at face value (despite them trading at premiums), but new capital rules - "a capital treatment event" - allow the lenders to do so. Bank of America (BAC), says JPMorgan's Vivek Juneja, is likely to see the biggest benefit to its bottom line.
From other sites
at CNBC.com (Wed, 1:58PM)
at Investor's Business Daily (Tue, 1:22PM)
at CNBC.com (Tue, 12:01PM)
at Investor's Business Daily (Jan 16, 2015)
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