Share Your Holdings & Win Tiger Coins
Hi Tigers
We would like to invite you to share your holdings, and you will win Tiger Coins. In addition, you will obtain a chance to win a Tiger gift.🐯🐯🐯🐯🐯🐯Regional banks surged in early trading, led by $First Republic Bank(FRC)$. The beaten-down bank jumped 21.9%, a day after losing 47% as investors hoped for some sort of strategic action by the troubled bank — or another big regulatory move — to stem the downward spiral in the sector.
The move comes after a speech from Treasury Secretary Janet Yellen was released that said the government could back stop the depositsat more banks if there was risk of contagion.
UBS takeover Credit Suisse
$UBS Group AG(UBS)$ Switzerland’s largest bank,agreedon Sunday to buy its embattled domestic rival $Credit Suisse Group AG(CS)$ for 3 billion Swiss francs ($3.2 billion) as part of a government-backed, cut-price deal.
Under the terms of the emergency takeover, investors of Credit Suisse’s additional tier-one bonds — widely regarded as a relatively risky investment — will see the value of their holdings slashed to zero. It means investments worth roughly 16 billion Swiss francs will become worthless.
AT1 bonds, also known ascontingent convertibles or “CoCos,”are a type of debt that is considered part of a bank’s regulatory capital. Holders can convert them into equity or write them down in certain situations – for example when a bank’s capital ratio falls below a previously agreed threshold.
In recent weeks, bank stocks have been in trouble. Have you traded any of these stocks? How has your stock performed recently?
💡How to participate？
Share your thoughts regarding bank stocks in the comments section below. Please feel free to share your positions if you trade bank stocks as well.
📢Activity Details
- All Tigers who leave a message in the following post will receive 10 Tiger Coins.
- In addition, you obtain a chance to win a surprise gift.$Tiger Brokers(TIGR)$
💡How to share positions?
Sharing positions is easy. From your account holdings interface, you can click "Share" by each of your stock holdings to share with the community how much money you have made (or lost) on your investments.⏰Event Time
21st March 2023- 28th March 2023
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
@CL Wong @Thonyaunn @joonkee @Derrick 1234 comments and get 10 Tiger coins
@CL Wong @MeowKitty @joonkee @Derrick 1234 comments and get 10 Tiger coins
@Thonyaunn @MeowKitty @joonkee @Derrick 1234 comments and get 10 Tiger Coins
@CL Wong @Thonyaunn @MeowKitty @joonkee comments and get 10 Tiger coins
everything is looking so fine now.
I love these 3 local banks so far DBS have not given me profit, waiting it to go up beyond 36. My OCBC at the moment in red (paper loss) coz i sold to take profit n intend to buy back when it is low below 12, have not managed to buy again, but it is ok, i am happy with our banks so far $DBS GROUP HOLDINGS LTD(D05.SI)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$ for OCBC and UOB gave me profit before. Will continue to hold them for long term passive income ❤️
@LMSunshine @Mrzorro @Aqa @Fenger1188 @GoodLife99 @rL @SirBahamut @HelenJanet @pekss @Korer @JC888 @melson
@pcwSg Gift❣️