tyb
PlaneFag CONUS activity: SAM flights some 'losses' KC-46 tanker party off shore-update on 92-9000 and EJM473 G650-went to Morristown then back to Palm Beach
SAM881 G5 and SAM689 G5 W and WN from JBA
SAM771 G5 SW from JBA
LOSS46,45,44,47 KC-46A Pegasus tankers up from McGurie AFB and heading SW off shore
Belgian AF BAF81 Falcon 7X NE from Gulfport, MS overnight
Mexi Po-Po XCOPF727 NW from Mex City Int'l depart
>>18752199, >>18752343 pb Cap#3
from yesterday: 92-9000 747 returned to JBA after about 3h on ground at Charleston Int'l
SAM830 G5 also back to JBA from MacDill AFB and had Norway AF POSDN10 P-8 Poseidon that did some roundies over Hagerstown, MD and then went to Pax River
EJM473 G650 went to Morristown Muni and then back to Palm Beach Int'l
CYBER11 MC-12W Liberty went to Chatanooga after it's trip over to Wilmington then back to Augusta Regional Airport, GA
First Republic Bank shares hit record low (-27.66%) amid skepticism over turnaround plan
First Republic Bank's (FRC.N) shares hit a record low on Wednesday after a report said the U.S. government was unwilling to intervene in the rescue process, adding to concerns about the troubled lender's plans to turn around its business.
The company's shares were last down 20% at $6.51, after losing nearly half of their value on Tuesday. U.S. government officials were currently unwilling to intervene in the First Republic rescue process, CNBC reported, citing sources. The bank has been looking at several options, such as selling assets or the creation of a "bad bank", a source familiar with the matter told Reuters on Tuesday.
First Republic's advisers have already lined up potential purchasers of new stock in the lender if they can fix the bank's balance sheet, a report earlier on Wednesday said. However, analysts have highlighted several roadblocks which could complicate rescue efforts for the San Francisco-based lender as it looks to emerge out of the crisis sparked by an outflow of more than $100 billion in deposits in the first quarter."The (First Republic) assets will be sold, but it may take some time and could be sold at a pretty severe discount to par," David Wagner, portfolio manager at Aptus Capital Advisors, said. At least three brokerages have cut their price targets on First Republic's shares since it reported first-quarter earnings on Monday. "First Republic's problems are likely idiosyncratic … and they obviously have a painful path in front of them," Art Hogan, chief market strategist at B Riley Wealth in Boston, said. A string of earnings reports from regional banks last week had reassured investors, but the banking sector has come under renewed pressure following First Republic's results.
The KBW Regional Banking index (.KRX) has lost 4.4% so far this week.
https://www.reuters.com/business/finance/first-republic-bank-shares-plummet-day-after-hitting-record-low-2023-04-26/
from last night
First Republic Bank Is Said to Weigh $100 Billion Asset Sales
https://www.bloomberg.com/news/videos/2023-04-25/first-republic-bank-is-said-to-weigh-100-billion-asset-sales
https://finance.yahoo.com/quote/FRC
>>18751816, >>18746574, >>18747170, >>18750811 pbs First Republic
>>18752959 pb Commercial Landlords’ Problems Are Deeper Than in Past Down Cycles-office vacancy rate exceeding 2008 level-plus First Republic just about cut in half yesterday
this isn't ESG ftmp it's sitting /sat on tons of US Treasuries at ZIRP basically and the losses aren't realized cuz they put it into the Hold to Maturity (HTM) and that (what they call unrealized losses) is systemic across the entire banking system
>But I get wut you sayin'
>>18493300 pb Silicon Valley Bank, FDIC, Federal Reserve Stress Tests and Hold to Maturity for TBTFs and others
if you don't understand that…your problem
double kek
>>18747018, >>18752920 pb Monday's callsign SAM781 round trip from Andrews to Gitmo, carried Tina Kaidanow
SAM717 (not 771) G5 heading South from JBA and on descent with GTMO842 US Navy Beech continuing to Ft. Lauderdale-meeting up perhaps? same AC as Monday trip
please change to
>>18756036 SAM717 (not 771) G5 heading South from JBA and on descent with GTMO842-same SAM AC as Monday (carried Tina Kaidanow per NY Times)
thank you
SAM717 G5 on ground at Miami Int'l from JBA and GTMO842 heading to NAS Jax