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International Herald Tribune (Free subscription) | yesterday
... to people with knowledge of the matter."They're doing this to help bolster the system," said Alex Potter, an analyst in London for Collins Stewart, who has a sell rating on Bradford & Bingley. "The banking sector is about confidence, and it's in the retail lenders' interest to make a show of confidence in the system right now."Bradford & Bingley shares fell as much as 26 percent Tuesday,...
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DealBook (Free subscription) | 07/07/2008
... view, and the rights process is now being lengthened meaning likely further stock price falls,'’ Alex Potter, a banking analyst at Collins Stewart, told the A.P. Mr. Potter rated the stock as ‘’sell.'’Mr. Potter said the downgrade to Baa1 — ‘’three notches above junk'’ — is ‘’relatively startling for a deposit-taking bank in an OECD economy but we categorically do not...
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Financial Time (Free subscription) | 07/07/2008
... comfortable about their capital position as they have a high-quality mortgage book,” said Alex Potter, analyst at Collins Stewart. “But the earnings outlook for banks like A&L is awful.”Some analysts have estimated A&L’s profits may fall by 30 per cent in 2008 and A&L might have to make further writedowns on its Treasury assets.A&L also faces a squeeze on its profit margins because...
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Seattle Times (Free subscription) | 07/04/2008
... and the rights process is now being lengthened meaning likely further stock price falls," said Alex Potter, banking analyst at Collins Stewart, who rated the stock as "sell."Potter said the downgrade to Baa1 - "three notches above junk" - is "relatively startling for a deposit-taking bank in an OECD (Organization for Economic Cooperation and Development) economy, but we categorically...
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Examiner (Free subscription) | 07/04/2008
... and the rights process is now being lengthened meaning likely further stock price falls," said Alex Potter, banking analyst at Collins Stewart, who rated the stock as "sell."Potter said the downgrade to Baa1 - "three notches above junk" - is "relatively startling for a deposit-taking bank in an OECD (Organization for Economic Cooperation and Development) economy, but we categorically...
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Miami Herald (Free subscription) | 07/04/2008
... and the rights process is now being lengthened meaning likely further stock price falls," said Alex Potter, banking analyst at Collins Stewart, who rated the stock as "sell."Potter said the downgrade to Baa1 - "three notches above junk" - is "relatively startling for a deposit-taking bank in an OECD (Organization for Economic Cooperation and Development) economy, but we categorically...