Russ Mould
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Books | An Expert Guide to Mastering the Markets: Your Easy-To-Use Toolkit for Portfolio Profits |
| An Expert Guide to Saving and Investing | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1282272 |
Russ Mould Life story
Dr Martens shares plunge after profit warning
... " When times are good, Dr Martens has shown it is possible to make decent returns from its iconic products, " said Russ Mould, investment director at AJ Bell...
The flashing warning sign that is worrying investors
... Could higher borrowing costs push countries over the edge? That is highly unlikely, says Russ Mould, investment director at AJ Bell...
What's going on at Metro Bank?
... Russ Mould, investment director at AJ Bell, said that since then the bank has been struggling " to get on a path to sustained profitability"...
M& S returns to FTSE 100 on food and clothes boost
... Russ Mould, investment director at broker AJ Bell, said: " M& S return to the FTSE 100 after four years will be seen by some as a validation of the turnaround strategy launched by Steve Rowe and then followed through by his successor Machin...
WeWork: What went wrong for the much-hyped firm?
... Doesn t mean it is a profitable business model though, " says Russ Mould, investment director at AJ Bell...
Could a US debt default unleash global chaos?
... " It would stop doling out welfare payments and support to people, which would hit their ability to spend and pay their bills, " says Russ Mould, investment director at AJ Bell...
Banks shares hit as investor nerves return
... Russ Mould, investment director at AJ Bell, told the BBC that the drop in Deutsche Bank s share price, and a sharp jump in the cost of insuring against a possible default by the bank, was " indicative of a wider loss of confidence in the banking sector"...
Stock markets hit again by banking worries
... " Investors remain nervous about what might be lurking in the shadows, " said Russ Mould, investment director at AJ Bell...
Stock markets hit again by banking worries
By Simon ReadBusiness reporter, BBC News
Banking shares have fallen sharply again as investors remain nervous following the collapse of Silicon Valley Bank (SVB) in the US last week.
The failure of SVB has raised fears that other banks could also be facing problems.
Shares in Swiss banking giant Credit Suisse hit a New Low after they plunged by 20%.
The Fall came after Credit Suisse 's largest investor said it could not give The Bank any more financial help.
Share indexes across Europe - including the UK's FTSE 100 - were down by about 2. 5% by mid-morning.
The FTSE 100 has fallen 6% in The Past week to reach a three-month low.
" Investors remain nervous about what might be lurking in The Shadows , " said Russ Mould , investment director at Aj Bell .
" It's no wonder that investor sentiment remains cautious towards the big banks given that credit agency Moody's downgraded its outlook on the US banking system to 'negative'. "
Credit Suisse 's shares slumped after it revealed on Tuesday that its auditor, PwC, had identified " material weaknesses" in its Financial Reporting controls.
That prompted major investor the Saudi National Bank to say it would reject calls to inject further funds into The Swiss lender.
The wider problems in the banking sector began last week with the collapse of SVB, the US's 16th-largest Bank .
The Bank - which specialised in lending to technology companies - was shut down by US regulators on Friday in what was the largest failure of a US Bank since 2008.
SVB's UK arm was snapped up for £1 by HSBC.
In The Wake of the SVB collapse, New York-based Signature Bank also went bust, with the US regulators guaranteeing all deposits at both.
But fears have persisted over The Fallout from the collapse and trading in Bank shares has been volatile This Week .
On Monday, trading was temporarily halted in several smaller US banks as shares slumped, although Tuesday saw stock prices rebound.
However, credit ratings giant Moody's has warned of more pain ahead for the US banking system.
On Tuesday, it cut its outlook for the sector to " negative" from stable, warning of " a rapid deterioration in the operating environment".
" The worry is that banks sitting on large unrealised losses in their bond portfolios might not have sufficient buffers if there is a fast withdrawal of deposits, " said Susannah Streeter , head of money and markets at Hargreaves Lansdown .
" Although the biggest players are judged not to be At Risk , thanks to the chunky layer of capital they are sitting on and the stable nature of their deposits, the nervousness is palpable. "
Related TopicsSource of news: bbc.com