Ticker: BOF
Industry: financial services
Starting Price: $12.50
Risk: medium
Expected Return: 22%
Beta: 0.5
Bank of Fakeonomy is the largest financial institution. it serves both the consumer and business sectors, by providing a wide variety of banking, investing, wealth management, lending and other services. Many of the bank's operations are strictly regulated by government regulation. For example, it cannot all of the money deposited; it must keep this. Certain percentage of deposits. The predictability of its cash flows also make the bank safe investments. Over the past few years the bank has been actively acquiring smaller financial institutions and credit unions, fueling its growth.the company has also benefited from organic growth in developing and emerging economies, such as Brazil, Russia, India, and China.
BOF penalized for regulatory non-compliance
Effect: -17%
BOF fined for violating banking regulations
Effect: -11%
New online banking platform announced
Effect: +8%
Interest rates are going up
Effect: +10%
Interest rates are going up
Effect: +16%
Bank of Fakeonomy struggles with increasing non-performing assets
Effect: -11%
Cyber attack at Bank of Fakeonomy exposes customer accounts
Effect: -17%
BOF CEO announces retirement
Effect: -8%
Bankruptcy rates are expected to increase in response to over consumerism
Effect: -15%
Bank of Fakeonomy opens new branches in growing economies
Effect: +16%
Bank of Fakeonomy struggles with increasing non-performing assets
Effect: -12%
Bank of Fakeonomy raises divided 5 cents
Effect: +10%
BOF merges with credit union in South America
Effect: +15%
Bank of Fakeonomy reports strong quarterly earnings
Effect: +17%
Interest rates are rising fast
Effect: +10%
Bank of Fakeonomy partners with major fintech startup for blockchain solutions
Effect: +12%
Bank of Fakeonomy announces record profits
Effect: +15%
Interest rates are rising fast
Effect: +10%
Bankruptcy rates on the rise in response to a looming recession
Effect: -10%
BOF struggles with increasing non-performing assets
Effect: -13%