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$CFG intends to use the net proceeds and available cash to repurchase $500MM of subordinated notes currently held by The Royal Bank of Scotland. Specifically, $CFG will retire $334MM of its 4.082% subordinated notes due 2025 and $166MM of 4.023% subordinated notes due 2024 currently held by RBS.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!