NCB sells controlling stake in Bermuda bank

  Рет қаралды 934

Money Media x Kalilah Reynolds

Money Media x Kalilah Reynolds

Ай бұрын

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Why did NCB sell their controlling stake in Bermuda based Clarien bank, and is it something to worry about?
Cornerstone acquired a 30% stake in Clarien from a recent sale by NCB. It’s definitely not Cornerstone’s first acquisition… could they be gearing up for more?
NCB has been raising funds through different means lately: they recently had an APO that didn’t perform as well as they had hoped, and they also had a bond offer up for grabs. Let’s talk about what’s going on.
➡️Read a transcript of this video here:
🗣️Let’s get this money!💰

Пікірлер: 5
@NoelWallace-xg8om
@NoelWallace-xg8om Ай бұрын
Ncb seems to be restructuring, while corner stone seems to be expanding.
@tavreneestubbs-reynolds2846
@tavreneestubbs-reynolds2846 Ай бұрын
Yup, increasing their liquidity.
@NoelWallace-xg8om
@NoelWallace-xg8om Ай бұрын
A win win for both of them.
@NoelWallace-xg8om
@NoelWallace-xg8om Ай бұрын
I believe ncbj should have a stock split
@lovanerobinson3153
@lovanerobinson3153 Ай бұрын
They missed the opportunity at the $200 marker...
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